Huntley approves 2014 budget
Financial plan features no major capital projects
HUNTLEY – The village's $21.56 million budget for 2014 is relatively unchanged from the current plan and features no major capital projects, a departure from recent years that brought dramatic changes to Huntley's infrastructure.
The total budget carries about 20 percent less in expenses than in 2013, when officials budgeted $5.23 million to extend Kreutzer Road west from Route 47 to Main Street.
Huntley's day-to-day operating budget is balanced at $9.79 million. It includes about $620,100 more in revenues and expenses than in 2013.
"I would characterize the '14 budget as conservative, responsible and reflective of the priorities in the village's strategic plan," Village Manager Dave Johnson said.
The Village Board unanimously endorsed the 2014 financial plan on Thursday.
Building permits and application fees from new development primarily make up the revenue increases in the operating budget.
Increased police pension obligations, health insurance costs and salaries and benefits for three new village employees make up the added expenses, Johnson said.
Huntley residents won't see major changes to the village's infrastructure in the coming year.
Capital funds have been depleted after officials in recent years completed major road projects, including a widened Route 47, a new Interstate 90 interchange and an extended Kreutzer Road, Johnson said.
But officials did include some pet projects in the 2014 capital budget.
The village plans to spend $25,000 on studies to help officials pinpoint a location for a Metra train station. Johnson has said a commuter train station is a long-term goal that could be completed by the early 2020s.
Village trustees decided not to bankroll a special census count until 2015 because anticipated residential development after the new year could add to the village's population, Johnson said.
Additional design work on a westerly Reed Road extension also won't happen in 2014 until officials have a better construction timetable, he said.
In related business, board members officially approved a $3.8 million property tax levy that remained unchanged from November, when the board narrowly agreed to hold the levy flat for the third consecutive year.