Flower Hill village officials will look to spend 2.9 percent more in the next year than they did in 2014-15, as trustees introduced a $3,528,225 budget for the 2015-16 fiscal year during a public work session Monday night.
The budget is made up of $3,011,825 in expenditures and $516,400 in separate fire expenses, with $1,583,227 anticipated in non-tax revenue, according to the village’s tentative budgetary document.
In the next year, Flower Hill will look to decrease taxes by 1.1 percent, from an adopted tax 2014-15 tax levy of $1,444,623 to $1,428,598, according to the document.
It would be the second straight year the village decreased its overall tax levy, and the third in which it did not raise taxes.
Flower Hill’s tax rate is $34.20, according to the budget document.
The decline in taxes can be traced to a 5.4 percent increase – or $81,122 – in anticipated non-tax revenue from 2014-15. Flower Hill anticipates $45,000 more in licenses and permits to account for a rise in construction within the village in the last year, as well as an additional $40,000 in fund balance transfer funds.
Among the village’s costliest projected expenditures are within its building department, which according to its working budget document is slated to increase $25,234, from 187,460 to $212,694, as well as special items, for which the board has appropriated $224,000 – up from $199,000 in 2014-15 – in the next year.
