Proposed Wheaton budget includes $86M in revenues, $89.7M in expenditures
WHEATON — After holding three budget workshops March 9, 11 and 16, the Wheaton City Council hosted a public hearing Monday for its proposed Fiscal Year 2013-14 annual budget, which includes about $86 million in revenues and about $89.7 million in expenditures, according to city reports.
Based on the three workshops, some changes were made to the proposed budget that resulted in a decrease in revenues and increase in expenditures, city officials said.
Changes were made in the general, tax increment financing district, capital projects and parking revenue funds, reports show.
Overall, between the draft budget and proposed final budget, revenues decreased by $439,500, and expenditures increased by about $1 million, according to city reports.
The proposed budget includes surpluses in the city's major governmental and non-operating funds, reports show. Expenditures exceed expected revenues in the city's non-major governmental, proprietary and public library funds.
At the public hearing, members of the public and City Council took time to thank city staff members for their hard work in compiling the nearly 400-page budget.
Wheaton City Council candidate Alberta Adamson said she attended all three budget workshops and thanked staff for taking the time to answer her questions following each of the workshops.
Councilman Tom Mouhelis also acknowledged staff for their work over his 12 years on the council, as this budget marked his last before retiring from his seat in the upcoming election.
"This is going to be my last budget public hearing, and I just want to say thank you to the staff for the past 12 years," Mouhelis said. "I truly appreciated working with you."
The complete budget is available on the city's website at www.wheaton.il.us.
The council is expected to vote to adopt the proposed budget at its April 1 meeting.