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Kankakee Times

Friday, November 22, 2024

Tax levy approved by Bourbonnais Finance Committee

Financialdocuments

The Village of Bourbonnais Finance Committee held a regular meeting Nov. 10.

The committee approved the 2015 tax levy, which is 3.89 percent higher than last year.

It also approved a donation request from the Bradley-Bourbonnais High School's Football Boosters and a line of advertisements in Illinois Magazine.

After reviewing the difference in returns from 10 year treasuries and CDs, the committee members considered adjusting the village's investment portfolio to maximize gains.

No action was taken at this meeting, but Finance Director Wolf suggested changing policy to accommodate the stronger portfolio.

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