City Budget Plan

The Village of Coal City operates on a fiscal year beginning on May 1st of each year ending on April 30th of the following calendar year. Municipal operations are budgeted for a one-year period and plan revenues to be received in addition to expenditures to be made. The Village of Coal City has an operating budget of approximately $4.6 million per year. Of these expenditures, $971,050 or 21% is provided through property taxes from the Village’s residents. In addition to the base operations, the Village is responsible for debt obligations that finance critical infrastructure from the storm water improvements to the water towers and treatment facilities. The repayments for these upgrades cost an additional $1.14 million with 49% of the repayments coming from the property tax rates.

The Village Board of Trustees adopts a budget prior to May 1st of each year in order to guide the Village’s departments – Public Works, Police, Community Development, and Administration with guidelines for expenses that occur throughout the year. There are 25 employees who work for the Village of Coal City throughout all of these departments.

The budget is accessible online. Click on the link below to vie a table of contents, which will connect with all portions of the Village’s budget.

The budget is accessible online. Click on the link below to vie a table of contents, which will connect with all portions of the Village’s budget.

2016 Annual Budget

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2015 Annual Budget

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2014 Annual Budget

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