The 2023 budget
The first public look at the 2023 budget was at the Municipal Council Work Session on Oct. 18. The $40.5 million budget is looking at a $1.8 million revenue gap which is proposed to be covered through an increase of real estate taxes from 16 to 17 mills and use of $943,000 in ARPA money. Final budget adoption is expected in December.
Budget Meetings
Three public hearings are scheduled to discuss expenses, forecasted revenues, and possible tax rates for the budget. .
Nov. 9 at 6 p.m. and Nov. 21 at 12 p.m. Both meetings will be at the MCIU (2 W. Lafayette St.)
Documents
2023 PROPOSED BUDGET Summary Presentation - Nov 2022
2023 Preliminary Budget Presentation - From Oct. 2022
Ord. 22-05 - FY 2023 Municipal Budget and tax rate