Park board looks at budget
PRINCETON — Budget funds and insurance premiums were two of the topics discussed at Monday’s meeting of the Princeton Park Board.
Executive Director Elaine Russell presented information on seven of the smaller funds for the 2013-14 fiscal year, with the larger corporate and enterprise/Metro Center funds to be reviewed in coming weeks.
Russell said the paving and lighting fund and the audit fund have been capped as far as maximum rates of property taxes. The workman’s compensation fund, liability insurance, IMRF, Social Security fund and unemployment still have the ability to be increased when necessary as far as property tax rates.
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