Local News

Public hearing for Homewood bond issue on June 27

Homewood village government will consider selling up to $1.9 million in bonds to finance capital projects. A public hearing will be held June 27 at 7:30 p.m.  Finance Director Dennis Bubenik said the state allows non-home rule municipalities like Homewood to issue general obligation bonds no larger than 0.5 percent of equalized assessed value without a referendum. Homewood did so in 2002, 2006, 2010 and 2014 to pay for infrastructure and capital equipment. A new engine for the fire department is the biggest item on the list of proposed expenditures that . . .

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