PUBLIC HEARING ON CONSIDERATION OF PROPOSED VILLAGE OF LAKE ZURICH ANNUAL BUDGET FOR FISCAL YEAR 2024
There will be a public hearing on the Village’s tentative annual budget for fiscal year 2024 on December 4, 2023. The proposed budget totals $78 million to fund a full-service municipality with 164 full-time employees at Police and Fire, Public Works, Community Development, Parks and Recreation, Finance, and Administration.
The Village enjoys a stable financial position and as such, this budget is presented as a balanced operational plan for the next year with a projected operating surplus of $5,000 for the General Fund. The 2024 budget includes over $21 million in local infrastructure improvements and more than $1.2 million in municipal fleet and equipment upgrades for public safety and public works.
A copy of the proposed 2024 annual budget is on file at Village Hall and may be viewed online LakeZurich.org.