Village Sees Sustained Growth in Local Economy
Also featured: The Northbrook police canine unit helps locate a missing boy.
The following items were part of a Village of Northbrook weekly memo. Administration and Finance Committee Meeting The Administration and Finance Committee met for the quarterly budget meeting. Staff reported on last quarter’s financial results as well as projections for the remainder of the fiscal year. This included a projection that the original forecast of a $32,605 surplus is now projected to be $465,777 by the end of the fiscal year. Staff also reported that estimated annual revenues are projected to be over budget by $174,000, offering continued evidence of a slow but sustained recovery in the local economy. Anticipated expenses are projected to be under budget by $258,830, mostly due to staff position vacancies. The economic …
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