FOX RIVER GROVE – Fox River Grove’s budget for the upcoming fiscal year includes money for road work and economic development.
The Village Board on Thursday approved a projected $10.5 million budget for fiscal 2013-14, which begins in May.
Under the spending plan, the village approved paying Geske & Sons about $639,900 for the Victoria Woods subdivision road work and paving of the Lions Park parking lot. Last year, the village held off on major road projects and opted to do patchwork instead. The Village Board also approved paying Baxter & Woodman $39,500 to perform the design of the road projects.
The village is budgeting $500,000 for economic development projects, such as a facade improvement program for businesses. The facade program was budgeted for $75,000 and will be paid for out of tax increment financing district funds meant for economic development, said Village President Robert Nunamaker.
Nunamaker said the program is an incentive to help businesses make the downtown look more attractive.
Marvin Jedicker, who has lived in the village for 60 years, objected to the village including a facade improvement program.
“Last year I replaced the windows in my house, ... and no one came around and said here’s a loan to fix up your house,” Jedicker said. “We’ve got roads and streets in this town that need work.”
The village’s budget in its general fund, which pays for police and day-to-day operations, is balanced, with $2.3 million in projected revenue and $2.2 million in expected expenses, Village Trustee Suzanne Blohm said.
Among the other expenditures planned for the upcoming fiscal year are $10,000 for a 50/50 tree replacement program and $50,000 for park improvements, including $30,000 to make parks more handicapped accessible.
Fox River Grove is increasing its budget to $15,000 from $5,000 for sidewalk replacement, and plans to start a 50/50 sidewalk replacement program for residents who wish to replace their sidewalks for aesthetic reasons.
Also included in the budget is $3.4 million from reserves to build a new public works facility. However, construction of the facility has been on hold as a court case involving that project is pending.
As part of the spending plan for next year, the Village Board approved an adjustment to its water and sewer rates.
The average household user will see a 5 percent increase in their water and sewer bill for the upcoming fiscal year.
The increase will amount to about $3.50 every three months, Nunamaker said.
Money from the increase will help pay for future infrastructure improvements in the water and wastewater treatment plants needed to meet future Illinois Environmental Protection Agency requirements, Nunamaker said.