The 2023 budget
The $40.5 million budget is looking at a $1.8 million revenue gap which is covered through an increase of real estate taxes from 16 to 17 mills and use of $943,000 in ARPA money. Final budget adoption happened by a 6-0 vote of Municipal Council on Dec. 6, 2022. The tax increase for a home at the average assessed value will equal about $70.
The first public look at the 2023 budget was at the Municipal Council Work Session on Oct. 18. Three public hearings were scheduled to discuss expenses, forecasted revenues, and tax rates for the budget.
Oct. 27 and Nov. 9 at 6 p.m. and Nov. 21 at 12 p.m. All meetings were at the MCIU (2 W. Lafayette St.)
2023 Final Budget Presentation - Dec. 6, 2022
2023 Final Budget- Line Items
Ord. 22-05 - FY 2023 Municipal Budget and tax rate