Draft budget shows water surplus, sewer a projected 30% shortfall
Clerk Atterbury reported the water utility is projected to have a $66,650 net income under the proposed budget while the sewer utility is projected to show a 30% loss despite three recent rate increases; the board must approve the budget at its Nov. 3 meeting.
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Clerk/Treasurer Shawna Atterbury told trustees the draft village budget is nearly complete and must be approved at the November 3 meeting to allow time for county property tax calculations and required public notice deadlines. She said the water utility is projected to have a $66,650 net income under the proposed budget.
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