Romeoville Approves $97M Budget

Submitted by the Village of Romeoville

During the meeting on April 20th, the Village Board passed the 2016-17 Budget. The total budget is $97 million. Residents will be pleased to learn that there are no new taxes and the tax rate for FY 16-17 will decrease.

While staying well under the inflation rate, the typical homeowner's property tax bill will be significantly less than it was in 2008. If the Village had increased the typical cost at the rate of inflation, the cost would be over $100 more per home.

"We've worked very hard to provide a budget that includes many new projects that will benefit the residents and community while keeping taxes low," said Mayor John Noak.

Some of the capital projects in this year's budget include:

• Completion of Fire Station #1
• Increased funding for street repairs/resurfacing
• Begin construction on the new Metra station
• Implementing the Romeoville Reinvestment Program
• Weber/Airport Road Multi-Use Trail
• Park Improvements at O'Hara Woods, Century Park and Green Haven Park

"We are fortunate to continue to attract new development that provides additional revenue as well as amenities to our community. This new development allows us to complete needed infrastructure improvements without added costs to the residents," said Mayor Noak. "We also will provide another rebate to the residents, which will be the 6th year for the rebate program," he added.