Skokie mulls $175 million budget, but state could force it to pay more for pensions while losing $1.2 million in grocery tax

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Skokie mulls $175 million budget, but state could force it to pay more for pensions while losing $1.2 million in grocery tax
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The Skokie Village Board was presented the village’s proposed budget for the upcoming fiscal year. The budget won’t include raises to employees, but is balanced. In a memo to the villa…

Skokie’s village staff has presented a $175 million budget to the Village Board, which will vote on it June 3, but the village manager has warned that the state may take action that could cut the village’s revenue and/or force it to pay more for employee pensions.

“ has financing ramifications for every municipality in the state. I’ve talked to my peers and we’re all concerned,” Lockerby said. If approved by the state, another expense that the village could be looking at would be to fully fund health insurance plans for retired fire and public safety employees, which the village currently does not cover.As for the budget the Village Board will consider June 3, it consists of a $68 million general fund, an increase of 2.4% from last year, and a $107 million other funds section, making for a total budget of $175 million.

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