Union Grove

Village financial audit reveals healthy fund balance

By Jason Arndt

Correspondent

Union Grove Village Board members received favorable reviews in the Annual Financial Audit April 22 despite the challenge of making a tough decision to refinance the village’s Tax Incremental Financing district loan in 2012.

The decision to refinance that loan, obtained in 2007, was made in an effort to add more capital projects and upgrade the Village’s infrastructure including storm water utilities.

Improvements of the stormwater utilities was credited as serving well during the recent rash of rainfall that’s fallen in the Village of Union Grove and neighboring communities.

“I remember five years ago the people in the Village were very nervous about things like this,” Board President Mike Aimone commented. “And I credit Mark (Osmundsen) for making the changes.”

For the complete story, see the April 26 edition of the Westine Report.

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