Politics & Government
St. Charles City Council To Cut $2.4M From Budget Due To Pandemic
Aldermen are looking to cut about 5 percent of the city's budgeted spending, or $2.4 million, according to a report.
ST. CHARLES, IL — St. Charles aldermen are expected to cut more than $2 million from the city’s budget at their meeting Monday, as officials look to offset lost revenues amid the coronavirus pandemic. Aldermen are looking to cut about 5 percent of the city’s budgeted spending, or $2.4 million, according to a report by the Kane County Chronicle.
Officials are exploring reducing grant programs for small businesses and postponing construction and maintenance projects, as well as holding off on buying new city vehicles and filling nonessential jobs, the report states.
Find out what's happening in St. Charlesfor free with the latest updates from Patch.
City officials are expecting losses between $2.8 million and $9.5 million as a result of the coronavirus’ impact on tax revenues, the report states.
The city’s capital improvement is also expected to take a financial hit, as it is funded by video gaming revenues, which have all but dried up, according to the report.
Find out what's happening in St. Charlesfor free with the latest updates from Patch.
St. Charles Coronavirus Cases Pass 250; 9 Deaths
St. Charles has lost about half of its hotel taxes compared with last spring, with a 25 percent drop in fuel tax revenues and a 33 percent decrease in video gaming funds, the report states.
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