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THE CITY REBORN FROM THE ASHES OF AMERICA'S MOST DISASTROUS FOREST FIRE
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Pound Adopts Balanced Village Budget For 2022

Issue Date: November 24, 2021

After explanations by Village president Terry Earley and Clerk/Treasurer Diane Patz at a very brief budget hearing on Monday, Nov. 15 Pound Village Board adopted the 2022 budget as published and set the tax levy to support it.

In addition to Earley and Patz trustees Mike Rogodzinski, John Homontowski, Wayne Gross and Mary Meyer were present. There were no members of the public on hand, and the meeting lasted less than half an hour.

The proposed budget provides a drop of 3.182 percent in both expenses and revenues for regular village expenses, and a 64.8 percent drop in TIF District expenses and revenues. Revenues and expenses for 2021 were equal, at $378,257, and are budgeted to be equal at $366,220 for 2022. However, because some of the special funds received last year will not be available for 2022, the village property tax levy was increased by 17.77 percent, from $127,253 last year to $149,871 for 2022. This amount is still within the state levy limits for the village. Total revenues and expenditures are down 3.18 percent, from $378,257 to $366,220. Allocation for public charges was increased from $8,750 last year to $22,300 for 2022.

The budget includes debt service payments of $129,011, up from $106,429 last year, for financing the Walker Street project, the new truck and the John Deere tractor lease, which ends in 2025. There were comments that the Walker Street Project turned out very well.

The budget provides $91,633 for general government, up from $83,075 last year; $63,552 for public safety, up from $60,064 last year, $56 for Health and Human Services, and $8,500 for culture and recreation, $1,000 more than the $7,500 allocated in 2021. There is no provision for capital outlay in 2022.

The TIF District budget allocates $22,350 for Conservation and Development.


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