CITY COUNCIL AGENDA ITEM
ACTION REQUESTED:
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Schedule a public hearing for the 2025 Annual Budget to be held at the December 3, 2024, City Council meeting
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DEPARTMENT: Finance Department
SUBMITTED BY: Raymond Munch, Finance Director
BOARD/COMMISSION REVIEW:
N/A
BACKGROUND:
Pursuant to 65 ILCS 5/8-2-9.9 of the Illinois Compiled Statutes the tentative annual budget must be made available to the public at least ten days prior to its adoption. A public hearing must then be conducted before the adoption of the annual budget and notice of that public hearing must be published at least seven days before the hearing date.
DISCUSSION:
The tentative annual budget has been made available for public inspection on the City’s website, at the City Clerk’s Office and each branch of the Naperville Public Library as of October 11, 2024, not less than ten days prior to the December 3, 2024, City Council meeting. At that meeting, a public hearing on the proposed 2025 Annual Budget will be held, followed by the consideration of an ordinance approving the budget. A Notice of Public Hearing for the proposed 2025 Annual Budget must be published in the newspaper at least seven days prior to holding the hearing. The Notice of Public Hearing is anticipated to be published in the Naperville Sun on or about November 22, 2024
FISCAL IMPACT:
N/A