Budget Discussed At Godfrey Village Board Meeting
GODFREY - A large portion of the Godfrey Village Board of Trustees meeting on May 16 was spent discussing the proposed budget for Fiscal Year 2024. A proposed $1.1 million deficit raised a few questions from trustees, who also debated the future health of the village’s finances. Mayor Mike McCormick said that as long as he’s been mayor, the village has always included a deficit in its budget, but has never actually gone into a deficit. He attributed this to department heads who include projects in the budget that don’t get completed. “We’re OKing a budget to go ahead and overspend by $1.159 million,” Trustee Rich Lauschke said. “Why don’t we tighten it up to where we’re really going to spend it? Because we did the same thing last year, and I think we’re betting that the capital projects don’t get done and therefore we end up not spending as much money, but we have given approval to go into a negative budget.”
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