The Village of Hanover Park Board of Trustees voted Dec. 4 to adopt the 2026 fiscal-year budget and accompanying appropriation ordinance, with the budget taking effect Jan. 1, 2026. The board passed the ordinance on a roll call after a staff presentation and a public hearing.

Budget presenter Remy summarized the proposal: “The recommended budget for 2026 totals 95,720,525 in revenues and 100,867,700 in expenditures for all funds,” and said the general fund is projected to show a $264,957 surplus that will be added back to fund balance. Remy told trustees the village plans no increase to the corporate and debt service levy for the 10th consecutive year.

The board-approved budget includes a 4.5% annual increase to water and sewer rates for the next two years and an increase to infrastructure service charges described in the presentation as an 88% per-year adjustment for two years to pay for replacement of aging water lines and other system upgrades. Remy also listed capital allocations including $3.1 million for street resurfacing and reconstruction and $6.1 million for water and sewer infrastructure, including an electrical upgrade to the pump station and a new water interconnect with Bartlett.

Trustees heard no substantive questions during the public hearing and moved immediately to adopt the ordinance. The motion to adopt the fiscal-year budget was seconded and carried on roll call. The board’s action also included approval of the associated appropriation ordinance required to implement the budget.

The village manager and finance staff said the changes were necessary to address water-system components that staff described as nearing or exceeding their useful life. The budget ordinance takes effect Jan. 1, 2026, and staff said they will return with implementation details for rate adjustments and capital project schedules.