Richmond Township Budget Dashboard
Side-by-side comparison of Actuals vs. Budget Allocations
Discussion Points / Board Questions
- General & Emergency Assistance: We have only used $3,130 of our budget this past year. Why are we proposing a budget of $18,900 in revenue request for next year if utilization is low? ($10,665 Savings + $8,234 in new property taxes requested)
- Admin Line 929 (Miscellaneous Expense): Proposed at $2,500. This seems high for an uncategorized expense. What typically falls under this?
- Admin Line 955 (Other Fund): Also proposed at $2,500. How does this differ from the Miscellaneous line, and what specifically is this used for? Between Miscellaneous (Line 929) and Other Fund (Line 955), we have $5,000 in broadly defined spending. To improve transparency for the public, could these be defined by their specific purpose?
| Account | Prev. Budget | Actual Spent | Proposed ('26-'27) |
|---|---|---|---|
| REVENUE / INCOME | |||
| 311 · Property Tax | $356,471 | $344,313 | $356,706 |
| 342 · Replacement Tax | $23,000 | $11,650 | $23,000 |
| 381 · Interest Income | $8,500 | $7,712 | $8,500 |
| 385 · Donation | $0 | $0 | $0 |
| 387 · TOIRMA Dividend | $2,742 | $5,944 | $2,742 |
| 389 · Miscellaneous Income | $500 | $1,074 | $500 |
| 390 · Misc Income - Refunds | $500 | $1,866 | $500 |
| 399 · Interfund Operating Trsfr | $10,000 | $0 | $10,000 |
| Total Income | $401,713 | $372,558 | $401,947 |
| Account | Prev. Budget | Actual Spent | Proposed ('26-'27) |
| PERSONNEL EXPENSE | |||
| 411 · Hourly Wages | $53,000 | $41,480 | $53,000 |
| 412 · Elected Officials Salaries | $156,000 | $156,000 | $156,000 |
| 415 · Bank Fees | $200 | $170 | $200 |
| 451 · Health Insurance | $2,100 | $1,333 | $0 |
| 461 · Social Security ContrI | $16,000 | $12,248 | $16,000 |
| 462 · Medicare Contribution | $3,500 | $2,022 | $3,500 |
| 463 · IMRF | $4,500 | $2,979 | $4,500 |
| 464 · Unemployment | $0 | $898 | $0 |
| 466 · Payroll Expenses | $300 | $2,394 | $2,500 |
| Total Personnel Expense | $235,600 | $219,524 | $235,700 |
| Account | Prev. Budget | Actual Spent | Proposed ('26-'27) |
| CONTRACTUAL EXPENSE | |||
| 511 · Maintenance Serv. - BLDG | $2,500 | $4,476 | $2,000 |
| 512 · Maintenance Serv. - Equip. | $1,500 | $167 | $500 |
| 531 · Accounting Service | $14,200 | $6,911 | $10,000 |
| 533 · Legal Service | $10,000 | $14,004 | $10,000 |
| 551 · Postage | $1,350 | $175 | $500 |
| 552 · Telephone Expense | $5,000 | $3,974 | $5,000 |
| 553 · Publishing/ Publications | $4,200 | $1,042 | $2,000 |
| 554 · Printing | $1,000 | $0 | $500 |
| 557 · Public Communications | $300 | $0 | $300 |
| 561 · Dues | $1,500 | $893 | $1,500 |
| 562 · Travel Expenses | $500 | $0 | $500 |
| 563 · Training | $1,000 | $195 | $500 |
| 570 · Software License | $3,500 | $684 | $2,000 |
| 571 · Utilities | $2,800 | $3,212 | $3,000 |
| 593 · Risk Mgmt - TOIRMA Ins. | $8,400 | $8,346 | $8,400 |
| 595 · Office Equipment | $700 | $324 | $700 |
| 598 · PAMS/MLS | $0 | $0 | $0 |
| Total Contractual Expense | $58,835 | $44,983 | $47,400 |
| Account | Prev. Budget | Actual Spent | Proposed ('26-'27) |
| COMMODITIES & CAPITAL | |||
| 651 · Office Supplies | $8,000 | $1,740 | $4,000 |
| 652 · Operating Supplies | $500 | $250 | $500 |
| 820 · Building | $40,000 | $5,819 | $20,000 |
| Total Capital Outlay | $40,000 | $9,619 | $20,000 |
| Account | Prev. Budget | Actual Spent | Proposed ('26-'27) |
| OTHER EXPENDITURES | |||
| 911 · Community Relations | $7,500 | $2,102 | $5,000 |
| 927 · Youth Services | $2,500 | $2,000 | $2,000 |
| 929 · Miscellaneous Expense | $5,000 | $354 | $2,500 |
| 951 · Bank Fees | $0 | $0 | $200 |
| 952 · Contingency | $15,000 | $0 | $15,000 |
| 954 · Storm Siren & Maint. | $4,200 | $3,193 | $4,200 |
| 955 · Other Fund | $5,000 | $526 | $2,500 |
| 999 · Interfund Operating Trsfr | $10,000 | $0 | $0 |
| Total Other Expenditures | $49,200 | $8,175 | $31,400 |
| TOTAL EXPENSES | $392,935 | $284,307 | $339,300 |