Budget - 2011

2011 Budget Document
The 2011 Budget document (PDF) is available for download.

Flat Economy Impacts 2011 Budget
The economic downturn that severely impacted the Village in 2009 and 2010 has flattened out, providing little or no projected revenue growth in 2011. While the Village's Capital Projects Fund remains in stable financial condition, the General Operating Fund continues to run at a deficit with reserve levels falling below already established fiscal policies.

Declines in two of the Village's three largest revenue sources have contributed to this budget deficit and decrease in reserves. Since 2007, annual sales tax revenues have decreased from a high of $2.4 million to a projected $2.1 million in 2011. Annual state shared income tax revenues have decreased from a high of $2.2 million in 2008 to a projected $1.8 million in 2011.

During the last 12 to 18 months, the Village Board implemented several cost-cutting initiatives to mitigate declining revenues while ensuring essential municipal services such as public safety and public works were not compromised. The consolidation of emergency communications to a regional dispatch center, reorganization of several departments, employee wage and benefit reductions, voluntary employee retirements, and cuts in several non-essential service programs helped solidify a very difficult budget situation. These cost-cutting initiatives resulted in a reduction of the Village's full-time work force from 116 to 99 employees.

More recently, the Village Board authorized other initiatives to increase revenues for the General Operating Fund. An increase to liquor license fees, increases to amusement and video rental taxes, and the implementation of a new 1 percent eating establishment tax are projected to generate $200,000 of additional revenues in 2011. These revenues, along with a new ambulance user fee structure, will also help to offset the loss of sales and income tax revenues.

Despite these cost-cutting and revenue enhancement initiatives, unpaid furlough days for all non-union employees will continue in 2011. The Village Hall will remain closed on the second Friday of each month as a result of these unpaid furlough days. In addition, the Village will not fund the July 4 fireworks display, National Night Out event, or contribute money toward the Roselle Park District Concerts in the Park program.

2011 Budget Highlights
  • Revenues (budget estimate): $31,393,368
  • Expenditures (budget proposal): $31,268,704
  • General Operating Fund revenues of $13,507,563 and expenditures of $13,592,959. Projected 2011 year end fund balance of $2,669,849 or 2.3 months of reserve.
  • Water and Sewer Operating Fund revenues of $5,121,200 and expenditures of $5,113,760. Projected 2011 year end fund balance of $277,810 or .65 months of reserve.
  • General Capital Projects Fund revenues of $2,145,878 and expenditures of $2,270,138. Projected 2011 year end fund balance of $367,800.
  • Tax Increment Financing Capital Projects Fund revenues of $1,427,000 and expenditures of $1,833,493. Projected 2011 year end fund balance of $394,631.
  • Police Pension Fund employer contributions of $955,270; Firefighter Pension Fund employer contributions of $214,833; budget estimate for Illinois Municipal Retirement Fund employer contributions of $462,640.
  • Capital projects infrastructure improvement funding to pay for the annual street program ($1,100,000), storm water upgrades ($275,000), municipal building repairs ($250,000), and wastewater treatment plant equipment replacement ($1,200,000).
  • Increased user fees for ambulance service to match fees charged in neighboring communities. The increase is reflected in fees charged for basic and advanced life support, extrication, and refusal for transport to hospitals.
  • Increased user fees for water and sewer service to balance deficit budgets as a result of end user water conservation efforts, wetter than normal summers, and the economy. DuPage County residents will see a combined water and sewer rate increase of 50¢/per 1,000 gallons or an average household impact of $3.00 per month. Cook County residents will see a combined water and sewer rate increase of 30¢/per 1,000 gallons or an average household impact of $1.80 per month.
Revenues, Expenditures & Tax Levies
View a PDF document containing pie charts highlighting a breakdown of 2011 revenues and expenditures, the distribution of property tax levy by each taxing body, and the Village's property tax levy.