Budget & Financial Documents

This page contains annual Budgets and other Financial documents for each year listed.  Within the folder for each year, you will find, in most cases, the following documents:  

Annual Budgets: The annual budget sets forth the annual operating expenses and revenues for the current fund and water utility operations, as well as the capital improvement program and budget.  In most cases there is the official long form (State) of the entire budget, as well as a compressed easy to read spreadsheet form of the Current Fund budget.

Annual Financial Statements:  This annual document is filed by February 10th each year to reflect the results of all operations in the preceding year.

Annual Debt Statements:  This annual document is filed by January 31st each year to reflect the outstanding and authorized debt of the Village and the change in the debt condition during the preceding year.

Annual Audits: This annual document is prepared by an independent Accounting Firm and audits the Village's books and accounts of the preceding year and provides and overview of all operations and the state of the Village's finances as of December 31st of the year being audit.

2022 Budget Calendar

NOVEMBER 2021

  • Capital Request will be collected and compiled from departments

DECEMBER 2021

  • Department Operating Budgets Review
  • Trustee Committee Capital Budget Discussion  

JANUARY 2022

  • CBAC Meeting January 6th
  • Organizations Budget Request Presentations to the BOT:
    • January 10th: SOPAC and Environmental Commission
    • January 24th: SOVCA, YouthNet and CCR
  • Department Presentations with the Board of Trustees:
    • January 21st beginning 9 a.m.: Building and Code Enforcement, Tax, IT, Engineering, Police, Fire
    • January 22nd beginning 9 a.m.: Public Works, Administration, Clerk Office, Health, Tax Assessor, Recreation, Library

FEBRUARY  2022

  • Public Discussion on Budget (Finance Committee and CBAC meetings)
    • February 2, 2022: CBAC Meeting
    • February 24, 2022: Finance Committee Meeting

MARCH / APRIL 2022

  • CBAC Meeting 
  • Introduction of Budget at BOT Meeting (April 25, 2022)
  • Introduced Budget Sent to the State for Review 

MAY 2022

  • Public Comment at BOT Meeting for Introduced 2022 Budget 
  • Public Comment and Final Passage of 2022 Budget (May 23, 2022)
  • Budget Adopted May 23, 2022
  • Final Sent to the State 

Financial Documents