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Channahon Trustees Discuss Final Amendments to 2011-12 Budget

At Monday night's meeting, trustees discussed amendments to the current fiscal year's budget, including paying back more than $700,000 borrowed from the rebate fund. Trustees will vote on the amended budget at their April 16 meeting.

With the end of the fiscal year approaching later this month,  trustees discussed making final amendments to the 2011-12 budget at their meeting Monday night.

"We historically do an amended budget this time of year," said.

The 2011-12 fiscal year officially ends April 30. Trustees will vote on whether to approve the amendments at their April 16 meeting.

The amended budget includes savings the village realized by not filling full-time positions. For example, a savings of $46,486 came from not having a full-time code enforcement position. Additionally, Pena said the village realized an $11,000 savings from projected costs that were never realized.

Perhaps the biggest change in the amended budget is the repayment of $764,000 that was borrowed from the retail fund to pay for operations throughout the year.

"That is unusual," Pena said, of borrowing from the fund to cover operational costs.

Repayment of the money came from several line items in the budget.

The topic of many discussions at the village in recent months, the retail fund collects money from businesses that have satellite offices in Channahon and funnel retail sales through that location.

In August, the against Channahon and Kankakee for benefiting financially from the practice. By September, the . Village President Joe Cook has said that while he is confident the village will prevail in the lawsuits, officials are concerned a change in legislation could negatively effect Channahon.

In FY 2011-12, the village's retail fund collected $18.3 million. Of that, $16.9 million was paid out to cover things including legal expenses. The remaining $1.39 million is earmarked for capital improvement projects.

For FY 2012-13, the projected retail fund revenue is $18.2 million. Of that, $17.1 million is anticipated to be paid out, leaving a balance of $1 million for village use.

The village will vote to approve the amended 2011-12 budget and hold a public hearing on the FY 2012-13 budget at 6 p.m. April 16 at .

Bob April 04, 2012 at 01:12 PM
It's too bad we don't have a code enforcement officer, with all the foreclosures in the village these properties will become an eyesore with no enforcement of the village ordinances.
Get Cook Out April 04, 2012 at 09:17 PM
The village does not need an enforcement officer (as if they are doing the town a big favor by not hiring this position), there is still plenty of fat inside those doors that can get out and perform these duties. Surely the development and building departments are not swamped with work these days, and Channahon wont be getting any new businesses coming to town anytime soon (Cook's reputation that he is giving Channahon is making sure of that).
Carol April 04, 2012 at 11:06 PM
Yes we do need a code enforcement officer. He was doing a great job. There are people who refuse to pick up their dog waste in their own yards. (peeUU!!!) Smell is awful!! They do it out of spite. Have been fined repeatedly and do not care. They are the ones who are too fat to go out and clean the yard. Bring in trash cans. Cut the grass (weeds). That is were the FAT is.
Donny Kerabatsos April 04, 2012 at 11:41 PM
Nobody believes anything coming out of these officials. Nor should they, as these 'officials' seem to be setting new lows of incompetence and ineptitude on a weekly basis. They were confused when they voted for the telecom tax. Their ineptitude cost you money. Either that, or they were lying when they claimed it was a 'mistake'. They are confused when they are talking about the rebate fund... what will the cost to you be for that? At the very least, triple digit percentage increase in property taxes, and very likely it will be the demise of the entire village in the near future. "Those dollars [the rebate fund] are not used for operational expenses, Cook explained" http://heraldnews.suntimes.com/news/11594435-418/officials-say-channahon-finances-in-good-shape.html "repayment of $764,000 that was borrowed from the retail fund to pay for operations throughout the year." Which one is lying? Joe Cook, or Joe Pena? What a disaster this town is becoming. These things can no longer be brushed off as 'mistakes'. There are serious structural financial problems, right now, and the officials are more worried about protecting themselves and fooling you, than fixing the problems they caused.
Get Cook Out April 05, 2012 at 01:03 PM
The biggest "peeUU" is within the village hall itself.

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