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Health Costs, Inflation Drive Milan’s $7.1M Budget Proposal - The Sun Times News
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Health Costs, Inflation Drive Milan’s $7.1M Budget Proposal - The Sun Times News
Milan officials have proposed a roughly $7.1 million general fund budget for fiscal year 2027, a 1% increase from the current year, as rising health insurance costs, state-mandated election expenses and inflation continue to strain city finances. The proposal would require the city to draw just over $300,000 from its fund balance amid an expected 3% decline in revenue. The City Council will adopt the budget and set tax rates May 19, following a …
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