The Homewood budget for the next fiscal year that was approved Tuesday, includes changes made to a first draft that turned a deficit into a $75,000 surplus despite lowered revenues after the COVID-19 shutdown. A draft budget presented to the board at its April 13 meeting by Finance Director Dennis[Read More…]
Tag: Homewood budget
Homewood draft budget presentation has more optimistic tone than last year’s
A draft budget is being considered by the Homewood village board and it’s looking toward a brighter outlook in the post-pandemic world. Finance Director Dennis Bubenik gave an informal presentation of a draft of the 2021-2022 budget at a village board meeting April 13. “You all remember that 12 months[Read More…]
Homewood trustees to discuss budget impact of COVID-19, will consider temporary suspension of places of eating tax
Homewood trustees will begin tackling the economic impact of the COVID-19 pandemic during the regular board meeting Tuesday. The board will receive a presentation on the draft budget for fiscal year 2020-21. The Finance Department is expecting a significant drop in revenue as a result of the state-mandated shutdown of[Read More…]
Independent auditor gives Homewood finances good marks
Homewood trustees approved the village’s comprehensive annual financial report (CAFR) on Tuesday after presentations by Finance Director Dennis Bubenik and Matt Beran, a partner in the audit firm Lauterbach & Amen LLP. Beran said his firm gave the village an unmodified opinion. “That’s the highest opinion that we give,” he[Read More…]