Even if they anticipate a slight deficit in the next year fitness village, Antioch officials say the town is in better shape than in previous years.
A deficit of $ 43,000 in proposed 2012-13 operating budget is far from last year's projected deficit of about $ 390,000 , thanks to the programs of " financial health " Mayor, Village Administrator Jim Keim said fitness village.
"The cuts help the numbers," said Keim. "We must be focused and disciplined Fitness village."
Keim has submitted a draft operating budget for the 2012-13 years in the meeting of the Board of Directors on April 16 the city. The proposed general fund budget shows total revenues are expected to 9.82 million and has proposed spending $ 9.88 million fitness village. It is expected that the village council to approve the final budget at the meeting of village council May 7
The deficit could result in a positive experience for the end of fiscal 2013 because the village was conservative estimates, Kiem said fitness village. After the projection of a deficit last year, is expected to finish people in 2012 to a surplus of $ 85,900 .
Spending in 2012-13 to an increase of 1 percent in the year. The town has tax and property tax revenue increases by 2 percent. Also expected tax revenue to increase state revenues by 3 percent, said Keim fitness village.
Fitness village Antioch Township
The town plans to add two firefighters , paid attention , allowing the assignment to the Fire Station No. 2, 700, way deep lake on the east side of the city, said Fire Chief John Nixon fitness village. The people will share the cost of additional staff in Antioch Township.
Although rural finance improved , challenges remain , says Keim .
Like most municipalities Illinois, Antioch is concerned about possible budget cuts Illinois legislators seek ways to finance the state budget deficit fitness village. The state is four months behind in its payments to the village and currently has more than $ 380,000, authorities said .
Issues under the control of the village include the need for cash reserves and also to plan future capital investments, officials said .
The people should have at least enough money to fund daily operations for 12 weeks, said Joy McCarthy, Director of Finance. The town has about $ 380,000 in cash reserves , but ideally should be around $ 3 million in your savings account fitness village, said McCarthy.
The village is looking for 2012-13 funding capital projects, including $ 310,000 to paint the water tower , $ 300,000 for road improvements , $ 380,000 for improvements to Sprenger Park and Tim Osmond Sports Complex and a new set of $ 2 million and the purchase of fire and public works vehicles .
The people have chosen Fitness village
After facing unpopular cuts , such as the cancellation of four of July celebrations and closing the pool , the people have chosen other ways to cut costs fitness village, said the president Ted Poulos .
"We seek difficult decisions, discover where is the fat in the budget without cutting services fell " expenses, said Poulos.
Most of these reductions were in the building department , said Mayor Lawrence Hanson. As the construction of the remote village , associated with a decrease in revenue fitness village, said Hanson . The town has reduced its workforce by not replacing employees who retired and also offer early retirement purchases .
The village now has 73 full-time employees with more than 100 in 2008 , authorities said .
The Village Council will meet Antioch 19:30, May 7 in the boardroom of Antioch Village Hall fitness village, 874 Main Street
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