Local News

Next Flossmoor budget closes gap with help from projected sales tax revenue

Buoyed by an anticipated half-million dollars in additional tax revenue, the fiscal year 2018-2019 budget for the Village of Flossmoor was passed unanimously by the board of trustees April 16. The nearly $14 million budget leans in part on revenue projected to be collected from the  sales tax increase Flossmoor residents approved in a March referendum. The sales tax, which goes into effect July 1, is anticipated to bring in about $450,000 during the new fiscal year. “That will only be for about three-quarters of the year,” said Flossmoor Village Manager Bridget Wachtel . . .

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