Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Finance & Administration Committee Agenda status: Final
Meeting date/time: 8/26/2024 6:00 PM Minutes status: Draft  
Meeting location: Village Manager's Office Conference Room
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
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240275 1 2024 Water & Sewer Rate StudyDiscussion2024 Water & Sewer Rate Study Eric Callocchia from NewGen Strategies will present the findings from 2024 Water Rate Study. Committee recommendation requested.   Not available Not available
240267 2 Four (4) Ordinances Amending Title 5, Chapter 50 of the Lombard Village Code in Regard to Water and Sewer RatesOrdinanceFour (4) Ordinances Amending Title 5, Chapter 50 of the Lombard Village Code in Regard to Water and Sewer Rates 1. An Ordinance Amending Title 5, Chapter 50, Section 50.114 of the Lombard Village Code in Regard to Water Rates Effective January 1, 2025, this ordinance amends Section 50.114(A) to increase the variable water rate both within and outside Village limits by 3.50% for operations and 6.50% for capital needs each year, for the next five years (2025-2029). Section 50.114(B) amends the flat fixed administrative service charge to $5.23 per billing period, effective January 1, 2025, and increases this fee by 3.50% each year, for the next four years (2026-2029). Section 50.114(C) establishes a flat fixed cross connection fee for non-residents of $5.10 per billing period for the next five years (2025-2029). Section 50.114(D) establishes a flat fixed capital fee of $6.39 per billing period, effective January 1, 2025, and increases this fee by 6.50% each year for the next four years (2026-2029). 2. An Ordinance Amending Title 5, Chapter 50, Section 50.106(B) of the Lombard Vil   Not available Not available
240265 2 Budget Ordinance for Fiscal Year 2025OrdinanceBudget Ordinance for Fiscal Year 2025 Ordinance Adopting the FY 2025 Annual Budget for the Village of Lombard in the amount of $131,875,574 for the period January 1, 2025 through December 31, 2025.   Not available Not available
240276 1 Ordinance Providing for the Levy and Assessment of Taxes for the Fiscal Year Beginning January 1, 2024, and Ending December 31, 2024 for the Village of LombardOrdinanceOrdinance Providing for the Levy and Assessment of Taxes for the Fiscal Year Beginning January 1, 2024, and Ending December 31, 2024 for the Village of Lombard An Ordinance providing for the levy and assessment of taxes for the fiscal year beginning January 1, 2024, and ending December 31, 2024 in the amount of $12,429,110.00. For the owner of a $300,000 house, the increase will be approximately $20.02 or $34.53 for the owner of a $500,000 house. The Finance and Administration voted to recommend the statutorily permissible tax levy to the President and Board of Trustees.   Not available Not available