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Litchfield Park eyes $9.9M on capital projects over 5 years

Posted by   /  June 11, 2019  /  No Comments

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Litchfield Park City Hall, 214 W. Wigwam Blvd. / Photo Jacob Stanek / Independent Newsmedia

By Mark Carlisle | YourValley.net

Litchfield Park plans to spend nearly $10 million on capital projects in the next five years and will spend $4.1 million in the next year, according to preliminary budget reports.

Twenty-nine tabbed capital projects would cost the city $9.9 million between fiscal years 2020 and 2024. The city’s fiscal year begins July 1.

“Having five years also gives us a longer window of time to get staff direction on what we see coming down the pike, planning and coordinating projects,” said director of finance Lars Johnson. “Just looking at one year, I would say, gets us at a late start every year because once the budgets adopted, then it’s, ‘OK now we get the gears running.’ But if we have a bit longer period of timing, then it helps us stay on track.”

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