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Channahon's proposed 2013-14 budget shows surplus

Village will not dip into reserves for second straight year

Published: Wednesday, March 13, 2013 8:55 a.m. CDT

CHANNAHON — The Channahon Village Board meeting was a short one Monday, March 4, with only one item up for a vote and the tentative budget up for discussion.

Channahon Finance Director Bob Guess gave trustees a presentation on a portion of the budget that will be up for a public hearing in the near future. The remainder of the proposed budget will be discussed at the March 18 board meeting.

The proposed Fiscal Year 2013-14 budget will be the second one in as many years that will not dip into the village’s financial reserves. Plans are that there will be a surplus at the end of the year.

The budget totals $40.2 million in expenditures – an increase of $6.5 million from the current year’s budget. The majority of that increase is to fund the new WESCOM building from the $5 million worth of bonds to be issued this month. A road program, costing $1.1 million, and capital equipment purchases, totaling $680,000, make up other expenses of the coming fiscal year.

In the director’s memo to the board, Guess explained that Channahon’s fiscal solvency relies on such factors as the national economic downturn and the state’s budget deficit. On a positive note, he said, a trend of an upward-moving economy is occurring.

There are no additional staffing requests in the proposed budget. Expenditures tentatively planned for 2013-14 include street repairs for Erin Isle, Evergreen Lane, Magnolia Lane, Plainview Drive, Mallard Drive, Lone Tree Court, Tabler Road and Hansel Road.

Water Well No. 4’s motor and pump are set to be inspected, and the village would like to purchase a SCADA system for its wastewater treatment plant.

Other proposed goals for the new fiscal year include replacement of three police squad cars; replacement of all police in-car computers; purchase of a new administration/development vehicle; purchase of three replacement trucks and one utility truck; replacement of 12 computers, server upgrades and six tablets for the police department; new village signage in collaboration with the park district; and completion of the U.S. 6/Interstate 55 TIF study.

Expenditures could also include major repairs to two of the village’s trucks; purchase of a mudjacking system for sidewalk repairs and a striping machine for roadways; bike path maintenance; upgrading the Jessup Street building; ADA compliance projects; and work on the Memorial Tree Walk.

ROAD RESURFACING

Also March 4, the village board approved a joint project with Aux Sable Township for resurfacing Tabler Road.

The village is responsible for upkeep on a part of the road, according to Channahon’s Public Works Director Ed Dolezal, and the township is responsible for another.

The Grundy County Highway Department would award the multi-million-dollar contract and serve as administrator for the project.

Channahon’s portion of the cost is estimated to be $90,310 for surface overlay and shoulder maintenance, $2,709 for engineering and construction observation and 50 percent of testing service costs.

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