Local News

Homewood budget aims to limit cuts post shutdown

Homewood is preparing to adjust to the financial impact of the economic shutdown.

Finance Director Dennis Bubenik presented the village board with an outlook for the town’s 2020-21 budget at its April 14 meeting. The final draft will be present to the board for a vote on April 28.

After the initial budget planning meetings were held, Bubenik said the first draft had a $264,108 deficit. Adjustments turned that into a $348,140 surplus.

“Then the coronavirus pandemic and economic shutdown hit,” Bubenik wrote in a village memo. “The budget . . .

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