Published by admin on Tue, 04/04/2017 - 7:55pm
The village of Coal City is projecting over $12.3 million in expenditures in the coming year, and 35.2 percent of the proposed budget is earmarked for capital improvements.
After weeks of discussion among the Village Board and department leaders, trustees have placed on a file a tentative fiscal year 2018 budget. The document takes into consideration annual and planned expenses, as well as long- and short-term debt.
In his notes to the board, village administrator Matt Fritz spoke about the impact the June 2015 tornado continues to have on village finances.