Board Approves Budget, Seals New Deal with Waste Management

Lemont trustees Monday signed off an the budget for fiscal year 2014–2015.

The budget lists total revenue at $23 million, with $22 million in expenditures. 

A total of $4.1 million will be divvied up across capital projects, including water main replacement on Warner Avenue, emerald ash borer tree replacements, street resurfacing, bridge repairs and brick paver replacements, to list a few. 

Additionally, under the Downtown Tax Increment Finance funding there is $300,000 allocated for improvements to the I&M Canal. The project must be completed by Dec. 31, 2014. 

Fresh Contract for Waste Disposal 

Waste Management will continue as residents' waste disposal provider, after the board approved a new eight-year contract. 

Monthly rates for 2015 will drop by 13 percent for regular customers, and 18 percent for seniors. As part of the agreement, the yearly fee increase will be lower than in past years, and the total fee will not amount to current amounts until 2020. 

"We needed more services, for a lower cost," said Mayor Brian Reaves during the meeting. 

Residents will also be able to swap recycling carts for a larger size during a 90-day amnesty period. Yard waste pickup will also be extended, through the first full week of December. The company will also provide outhouses for village events.

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