2009 Annual Operating and Capital Budget - Village of Huntley

VILLAGE OF HUNTLEY
Simplified Telecommunications Tax
This tax is collected for the use of all of the public right-of-ways located within the Village by
providers of telecommunications services. The Village of Huntley rate is 6% of gross receipts of
local, long-distance, and wireless calls from each service address within the Village for services
originating from or transmitted into the Village corporate limits. A total of $795,000 is
budgeted in 2009 of which $110,000 is allocated to the General Fund, $385,000 is allocated to
the Municipal Buildings Fund and $300,000 is allocated to the Tollway Fund.
$800,000
Telecom Tax Revenue History
General Fund
Municipal Buildings Fund
Tollway Fund
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
2005 Actual 2006 Actual 2007 Actual 2008 Budget 2009 Budget
Building Permits
Building permits and administrative fees for the 2009 fiscal year are based on the construction of
single-family homes and multi-family units. Fees are based on the square footage of the house or
unit. The continued decline of the housing market has had dramatic effect on new housing starts
in the Village; therefore the 2009 budget has been significantly reduced from the 2008 budget.
Building Permit History
$5,000,000
$4,500,000
$4,000,000
$3,500,000
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0
2005 Actual 2006 Actual 2007 Actual 2008 Budget 2009 Budget
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