Bolingbrook 04-03-14

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NEWS Minooka man arrested for Bolingbrook fire

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SPORTS Nixon named to AllArea first team

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Your Community, Your News

bolingbrookbugle.com

APRIL 3, 2014

local

valleY vIeW

Pension costs shrink proposed revenue

BreaKING DoWN The NUMBers

>> see the full story on page 8

ANALYSIS OF READING AND MATH PERFORMANCE DATA ON THE MAP ASSESSMENTS SUGGESTS THAT THE INSTRUCTIONAL CHANGES WERE SUCCESSFUL IN ADVANCING A GREATER NUMBER OF STUDENTS TOWARDS COLLEGES AND CAREER READINESS THIS YEAR OVER LAST YEAR. GAINS WERE SEEN IN CCR RATES FOR ALL STUDENTS AT ALL GRADE LEVELS IN READING AND MATH.

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Village wants to dip into bond funds to cover costs associated with pensions By Laura Katauskas Staff Reporter

The village of Bolingbrook is proposing a balanced budget that dips into bond funds to cover costs associated with pension and health insurance costs, a main cause of increased expenditures for the village. Expenditures for the total proposed 2014-2015 fiscal budget are projected at approximately $119. 3 million, while total Jim bOan estimated revenue is Village attorney $112.2 million. The $7.1 million difference will come from bond funds ($5.5 million); and accumulated fund balances in Wastewater ($641,319); debt >> See PEnSiOn | page 5


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