If Governor Walker's budget passes, Sherwood will have new fiscal pressures since state funding will be cut dramatically. Does this mean your Village taxes will increase? Sherwood residents have already had the maximum increase allowed by our village by-laws. It would take a referendum vote in favor of an increase. You may see increases from the local school districts including Fox Valley Technical College as those operations would also see less state funding.
I am exploring options to reduce costs for future non-infrastructure projects as a means of containing costs and will post that proposal once the state decision is made and we can accurately predict the impact to our village. As always, your input is appreciated.
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