S2 | E3 - Million Dollar Surplus and a New Budget

The Village of Mundelein is projected to end the year with a $1 million dollar surplus - the first surplus in eight years! That money is being allocated to our reserves. In this video we discuss Municipal Math - how a government budgets and spends money and what that looks like for the fiscal year 2022 Budget. We also discuss American Rescue Plan funding. A slide show presented to the trustees is available on the Village website or here: https://bit.ly/3tByyey