South Holland approves $36M budget

2013-07-01T00:00:00Z 2013-07-01T23:23:12Z South Holland approves $36M budgetDavid P. Funk Times Correspondent nwitimes.com
July 01, 2013 12:00 am  • 

SOUTH HOLLAND | Officials approved the annual appropriations ordinance Monday.

The Village Board approved spending of up to $36.09 million for the fiscal year that began May 1. That is a $2.02 million increase over the previous year's budget.

"A lot of work has gone into preparing this appropriations ordinance and balanced budget," Village President Don De Graff said. "I think it's some very fine work done by all of our departments."

The state requires a yearly outline of planned expenditures. A public hearing was held at the start of Monday's meeting without public comment. The documents were also published and made available to residents in accordance with state law, attorney Tim Lapp said.

Last year, the village came in at 105 percent revenue and Trustee John Sullivan said he expected similar numbers in the 2013-14 fiscal season.

Also approved was the purchase of 15 acres of land on Van Dam Road south of 162nd St. by Love's Travel Stops, a truck stop and convenience store chain headquartered in Oklahoma City.

As part of the agreement, Love's will transfer 2.2 acres to South Holland for future development, Lapp said. The village will also reimburse Love's for $90,000 per year for 17 years based on its property taxes being in excess of $150,000 per year. The agreement was available for public inspection and a public hearing was held Monday without comment from residents or the presentation of any competing plans.

The board also authorized the purchase of land at 227 E. 161st Place. De Graff called it part of the village's long-term plan.

"This is the same the plan that has brought us Walgreen's and Chase Bank," he said. "This is part of a comprehensive, another piece of the puzzle."

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