Tentative Dolton budget includes deficit spending in some areas

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Dolton's proposed budget includes more spending for police and the village’s water system, and anticipates total general fund revenue for this fiscal year at $29 million compared to $25.1 million for the last fiscal year.

A tentative village budget for Dolton for the fiscal year that’s already more than three months old includes deficits in key village funds, according to a copy of the spending plan.

A deficit can show an anticipated gap between revenues and expenditures for the current budget year, although there may be budget surpluses carried over from the prior budget year to cover that shortfall. The budget was discussed at a Village Board Finance Committee meeting Wednesday attended by several residents who were given a copy of the tentative budget.

 

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