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UpdatedFri, Dec 18, 2020 at 12:38 pm CT
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The Glencoe Village Board unanimously approved the first calendar year budget in its 150-year history. Its 2021 fiscal year will run from January to December. (Village of Glencoe)
GLENCOE, IL Village trustees Thursday approved a 2021 budget that increases property taxes and water rates while predicting significant declines in revenue due to the coronavirus pandemic.
For the first time, Glencoe s fiscal year will run from Jan. 1 to Dec. 31. This year s budget was a 10-month stub year that began in March.
Finance Director Nikki Larsen said the village board and staff spent countless hours to put the budget together.