Board hears budget timelines as sewer utility shows projected loss; trustees approve wage increases
Clerk reported the water utility projects a $66,650 net income while sewer is projected to incur a 30% loss despite recent rate increases; trustees approved wage increases for village and library employees following closed-session consideration.
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Clerk Atterbury told trustees on Oct. 6 that most of the village budget is prepared and that revenue is set except for 2% fire dues, but that wages remain to be finalized. The water utility is projected to net $66,650 under the proposed budget. The sewer utility, however, is projected to have a 30% loss even after rate increases implemented across 2024–2025.
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