Village Of Buffalo Grove Releases Proposed 2019 Budget

BUFFALO GROVE, IL — The Village of Buffalo Grove has published its 2019 Proposed Budget for the year beginning Jan. 1, 2019. The total budget is $78 million with an operating budget of $44.5 million.

More than 86 percent of the operating budget supports public safety operations, such as police patrols, criminal investigations, fire suppression and emergency medical services, the village said. Public Works operations account for seven percent of the total operating budget and provide services such as roadway repairs, snow plowing and tree maintenance.

Nearly one-fourth of the total budget goes to maintenance of the water/sewer utility system. Of that amount, $2.5 million is earmarked for capital improvements to the water delivery system. Capital needs such as infrastructure repairs, building maintenance and vehicle purchases account for $7.8 million of the budget.

The village's revenue sources are diverse, and are made up of a combination of property taxes, sales and income taxes, locally administered taxes, and charges for services, as well as fines and fees, the village said.

There are no new taxes proposed in the budget, and the village was able to lower the property tax rate to $.993 per $100 of taxable property value. The previous year's property tax rate was $.998/$100.

To view the full proposed budget, click here.

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