Breaking News Bar
updated: 4/18/2014 10:04 AM

Grayslake reduces spending for second consecutive year in 2014-15 budget

hello
Success - Article sent! close
  • Grayslake village government will cut spending for the second consecutive year when the 2014-15 budget starts May 1.

       Grayslake village government will cut spending for the second consecutive year when the 2014-15 budget starts May 1.
    Paul Valade | Staff Photographer

 
 

Grayslake village board members have passed a budget that calls for reduced spending in the next year.

Similar to other towns, Grayslake's 2014-15 budget season begins May 1. Major projects pegged for funding through April 30, 2015, include road upgrades, a bicycle path and demolition of an old gasoline station at Lake Street and Route 120, where a landscaped park will be constructed.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Total operating expenses are projected at $16.1 million, down roughly $50,000 from the current budget. Officials in the debt-free village said they project the second consecutive year of reduced expenses will amount to a combined savings of nearly $315,100.

On the revenue side, Grayslake expects to collect almost $17 million, up from $16.6 million in the 2013-14 budget.

Mayor Rhett Taylor said there are several reasons for the lean budgets when it comes to spending. He said the village's "productivity and efficiency efforts" have included trimming police sergeant staffing and boosting contracted services.

Village Manager Mike Ellis said the lower operating costs have allowed Grayslake government to complete many community improvement projects without needing more property tax revenue or issuing debt.

"Over the last 20 years or so, these projects have addressed many of the infrastructure issues other towns are now facing like water (and) sewer systems and regular road resurfacing," Ellis said. "Downtown improvement, flood reduction and transportation projects have also been possible."

For the 2014-15 budget season, the village plans to chip in $700,000 -- on top of a $1.4 million federal highway grant -- for an intersection expansion at Route 120 and Lake Street. Additional turn lanes are planned with curb, storm sewer and gutter work.

At the northwest corner of Lake and Route 120, the village intends to demolish the vacant gas station there and redevelop the land into a landscaped park.

About $385,000 has been set aside in the new budget for the park work. Officials said the Esper Petersen Foundation will contribute toward land acquisition and site cleanup.

"The Lake-Route 120 area improvements will improve traffic flow, eliminate a longtime eyesore and create open space," Taylor said.

Grayslake also plans to improve the Lake Street Metra commuter rail station and build a second salt dome for additional storage capacity. The bicycle path is planned to run along Lake Street from Jamestown Court north to Route 83.

Twitter: @DHBobSusnjara

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here