Revenues, expenses both rising in new Deer Park budget : com

Revenues, expenses both rising in new Deer Park budget


Revenues, expenses both rising in new Deer Park budget
Deer Park's revenues are expected to be greater in the 2022 fiscal year because of a recently approved sales tax increase.
Daily Herald File Photo
 
Updated 5/21/2021 6:20 PM
Deer Park's newly approved budget for the 2022 fiscal year reflects a big revenue boost brought on by a sales tax hike and other factors, officials said.
Spending will increase as well -- but not as significantly.
 
The village board approved the annual budget Thursday night. The fiscal year began May 1.
The plan calls for nearly $4.5 million in revenue from taxes, fees and other sources. That's up from the 2021 fiscal year's estimate of nearly $3.1 million, a roughly 45% jump.

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