Revenue and spending expected to drop in South Barrington
Road resurfacing and sewer projects are on the to-do list in South Barrington's newly approved annual budget.
The village board approved the roughly $10.3 million spending plan for the 2022 fiscal year Thursday night. The fiscal year started May 1.
That total is about $856,000 less than the previous year's $11.2 million spending estimate, a decrease of about 8%, said Michelle Bodie, South Barrington's treasurer and finance director.
Municipal revenue is expected to be down in the new fiscal year, too.
Officials predict they'll collect about $10.2 million in taxes, fees and other sources, down about $315,000 from last year's estimate of nearly $10.5 million, Bodie said. That's a drop of about 3%.
Sales tax and admission fees are predicted to be lower than usual because of business closures and restrictions prompted by the COVID-19 pandemic, Bodie said.
As for projects, officials expect to spend about $525,000 to resurface nearly 2½ miles of local roadway this year, Bodie said.
The village also will spend about $200,000 on local water and sewer projects, including smoke tests on some of the village's sewers. That can detect cracks, leaks or breaks in pipes, improper connections between sanitary and storm sewers and other problems.
Officials plan to spend about $64,000 to update the village's comprehensive development plan, Bodie said. The board hired a consultant to update the plan, but there will be community participation, too.
"It will help to define the vision for the future of South Barrington, particularly related to land use, transportation and community facilities," Bodie said.