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The committee recommended Niles’ FY2027 budget to the Village Board and said the budget is balanced.
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The Finance Committee voted to forward the FY2027 budget to the Village Board after hearing that the plan is balanced and includes a few minor revisions. Staff said general fund revenues are running ahead of last year at this point, while some expenses are lagging behind. The committee also recommended a Cook County Class 6b property tax incentive for 6119 Howard, a vacant industrial site, to help support redevelopment and possible new local hiring and landscaping commitments.
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