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A special mccting of the Village Board of Trustees MS held on Friday~ May 1st, 1992, <br />beginning at 7:30 P.M.. <br /> <br />Members Present: <br />Mayor Hin~uann, Tr. DiDcmizio, Tr. Napoleon, Tr. Shay, Tr. Usavich, Tr. Bain <br /> <br />Members Absent: <br />Tr. Kc~ornik <br /> <br />Mayor Hinzmann stated that the special meeting had been called for the purpose of <br />pass~ the Village Budget. The total appropriations are $2,044,399, the estimated <br />revenue is $353,508, and the forwarded balance is $10,000 which makes a total of <br />$363,508. This leaves a total balance levy of 1,680,891 which is a decrease because <br />they took the garbage out and fozmed a garbage district tb~t h~ a separate levy of <br />its own and represents a zero tax increase. It will be $102.50 per 1,000 which is <br />minus 13.86 difference. ~ <br /> <br />Tr. Napoleon stated that the tax base for the last year was $119, and they have to <br />take $267,990 out of the budget, that is what they were putting in for tb~ garbage. <br />They took the garbage out of the budget and they maintained their budget at a zero <br />increase. <br /> <br />Tr. Bain stated that in the total revenue lines, if you look at the fact that they <br />are maintaining a zero increase the revenues have actually dropped. The total <br />assessments in the Village have decreased considerably. <br /> <br />Mayor Hinzmann stated that the reasons why their assessed evaluation has gone down <br />is that they b~ve had a couple good fires in the Village and also, the utilities have <br />had a State mandate to have they assess~ents lowered. Trust year the base was <br />16,527,417, and this year it is 16,298,297 which is a difference of 13%. <br /> <br />Chief Laffin stated that he understands the money probl~ms, but he would like to <br />protest his b~dget for the fire department. He feels that it is not adequate to <br />provide fire protection to the Village. <br /> <br />Tr. Napoleon made a motion, seconded by Tr. Usavich to adopt the budget for $102.50 per <br />1,000. Carried. <br /> <br />Tr. DiD~uizio ma_de a motion, seconded by Tr. Shay to adjourn the meeting. Carried.~' <br /> <br />The n~ting was adjourned at 7: 45 P.M.. <br /> <br />A copy of the 1992-1993 budget is attached and made a part of the Minutes. <br /> <br />Linda J. Berberich <br />Acting Deputy Village Clerk <br /> <br /> <br />