Downers Grove homeowners would pay about $24 more a year in Village property taxes under a proposed budget released Oct. 26.
The Village's FY2027 budget proposal calls for a 3% property tax levy increase that would bring the Village portion of a typical residential tax bill to roughly $820. The general fund would carry $75.9 million in revenues against $75.1 million in expenses.
$35.5 million for infrastructure
Streets get the largest share. The budget puts $10.4 million toward road work, followed by $10.1 million for water systems, $7.6 million for stormwater improvements and $3.9 million for sidewalks. Additional funding covers Village facilities, traffic systems and parking.
Another $6.6 million would advance the Village's Guiding DG planning initiatives. That includes $4.6 million for streetscape improvements in downtown Downers Grove and the Fairview Focus District, $1.3 million for active transportation improvements and $660,000 for the Village's Environmental Sustainability Plan.
In all, the proposed budget directs $35.5 million toward infrastructure and $6.6 million toward long-range planning priorities the Village has identified through its Guiding DG process.
Hearing schedule
The Village Council will hold its first budget discussion and public hearing on Tuesday, Nov. 10. That session will also include a motion to estimate the property tax levy.
A second discussion is set for Saturday, Nov. 14, at Coffee with the Council at the Civic Center. A third budget session follows on Tuesday, Nov. 17, with another motion to estimate the levy.
The council is scheduled to adopt the budget and tax levy on Tuesday, Dec. 1. Budget implementation items continue through Tuesday, Dec. 8.
Residents can review the full proposed budget on the Village's website and attend any of the five scheduled sessions to ask questions or offer input.
