News Flash

Finance Department

Posted on: March 5, 2020

Romeoville Reviews 2019-2020 Budget, Previews 2020-2021

Budget NF

The Romeoville Village Board was presented a review of the 2019-20 budget at their last meeting. It is anticipated at the end of the Fiscal Year the General Corporate Fund Balance will be nearly $31M.  With over $20M in capital projects being completed by April 30th, these include: 

•    Discovery Park Playground 

•    Resurfacing of over 35 roads

•    Decorative Street Lighting 

•    New Public Works Facility 

•    New and Upgraded Water and Sewer Facilities 

•    Lighting at RHS Baseball Fields

•    New Fire Engine

•    Purchase of the property for Pinnacle Drive

•    Purchase of property for future Dog Park

•    Expansion of the REMA Facility

•    Tennis Court Improvements

•    K9 And Officer Memorial

•    Village Hall paths and sidewalks additions

•    Conservation and Budler Park Improvements

“The village continues to be in strong financial shape,” stated Mayor John Noak. “This allows us to lower the property tax rate and continue to make critical infrastructure improvements while also adding amenities to improve the lives of our residents.” 

Looking ahead, a preview of the 2020-2021 budget includes a tax rate that is the lowest since 2011. Some upcoming major projects include the expansion of the Romeoville Athletic & Event Center and construction of the adjacent Fitness/pool facility, construction and improvements on a well, road resurfacing, the redevelopment of Lake Strini, and a new bike path stretching Southwest from Weber Rd to Taylor. 


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