Budget & Financial Documents

This page contains annual Budgets and other Financial documents for each year listed.  Within the folder for each year, you will find, in most cases, the following documents:  

Annual Budgets: The annual budget sets forth the annual operating expenses and revenues for the current fund and water utility operations, as well as the capital improvement program and budget.  In most cases there is the official long form (State) of the entire budget, as well as a compressed easy to read spreadsheet form of the Current Fund budget.

Annual Financial Statements:  This annual document is filed by February 10th each year to reflect the results of all operations in the preceding year.

Annual Debt Statements:  This annual document is filed by January 31st each year to reflect the outstanding and authorized debt of the Village and the change in the debt condition during the preceding year.

Annual Audits: This annual document is prepared by an independent Accounting Firm and audits the Village's books and accounts of the preceding year and provides and overview of all operations and the state of the Village's finances as of December 31st of the year being audit.

2021 Budget Calendar

OCTOBER 2020

  • Capital Request will be collected and compiled from departments

NOVEMBER 2020

  • Department Operating Budgets Review
  • Trustee Committee Budget Discussion 
  • Community Organization Funding Request Presentations at BOT Meetings November 9 and 23rd.

Organizations: SOPAC, SOVCA, YouthNet, Environmental Commission, CCR
 

DECEMBER 2020

  • Presentation of Draft Capital Budget to BOT
  • Department Presentations with the Board of Trustees, December 18, 2020 beginning 9:00 a.m. 

Estimated Timing for the Department Budget Presentations:

Administration: 9:00
Building & Code Enforcement: 9:15
Clerk's Office: 9:30
Engineering: 9:45
Fire Department:10:00
Information Technology: 10:20
Police Department: 10:30
Public Works:11:00

  • Second Department Presentations with the Board of Trustees, December 28, 2020 beginning 6:30 p.m.

Estimated Timing for the Department Budget Presentations:

Department of Health 6:30
Recreation and Cultural Affairs 6:45
Tax Assessor: 7:10
Tax Collector: 7:20
Water Utility Department 7:30

JANUARY 2021

  • Public Discussion on Budget (BOT, Finance Committee and  CBAC meetings)

    - January 14, 2021: Finance Meeting 
    - January 25, 2021: Board of Trustee Meeting  

MARCH 2021

  • CBAC Meeting March 10, 2021
  • CBAC Meeting March 17, 2021
  • Introduction of Budget at BOT Meeting (March 22, 2021)
  • Introduced Budget Sent to the State for Review 

APRIL 2021

  • Public Comment at BOT Meeting for Introduced 2021 Budget 
  • Public Comment and Final Passage of 2021 Budget (March 26, 2021)
  • Final Sent to the State 

Financial Documents

FY2021

  1. 2021 Municipal Budget- State Form - Introduction, March 22, 2021
  2. Budget Presentation 2021 - March 22, 2021
  3. 2021 Supplemental Debt Statement

FY2020

  1. 2020 State Budget Document - Introduction
  2. South Orange 2020 Budget Presentation - May 11, 2020
  3. 2020 Annual Debt Statement

FY2019

  1. 2019 Municipal Budget for Introduction - March 11, 2019
  2. South Orange 2019 Budget Presentation - March 11, 2019
  3. 2019-104 Resolution Adopting the 2019 Municipal Budget
  4. 2019 Annual Debt Statement
  5. 2019 Annual Financial Statement
  6. 2018-2019 Audit Report

FY2018

  1. South Orange 2018 Budget - State Form (Introduced - signed)
  2. 2018 Annual Financial Statement
  3. 2018 Annual Debt Statement
  4. 2017/2018 Audit Report

FY2017

  1. South Orange Village 2017 Budget Presentation - June 12, 2017
  2. South Orange Introduced 2017 Current Fund Budget - June 12, 2017 (Compressed Format)
  3. South Orange Introduced 2017 Budget (State Form - Large File)
  4. 2017 Projected Taxes and Allocation Calculator
  5. 2017 Budget (Adopted)
  6. 2017 Annual Financial Statement
  7. 2017 Annual Debt Statement
  8. 2016/2017 Audit

FY2016

  1. 2016 South Orange Introduced Budget
  2. South Orange 2016 Budget Presentation - July 25, 2016
  3. 2016 Audit
  4. 2016 Budget (Adopted)
  5. 2016 Annual Financial Statement
  6. 2016 Annual Debt Statement

FY2015

  1. 2015 Municipal Budget
  2. 2015 ADS
  3. 2015 Audit
  4. 2015 Annual Financial Statement

FY2014

  1. 2014 ADS
  2. 2014 Annual Financial Statement
  3. 2014 Audit

FY2013

  1. 2013 Annual Financial Statement
  2. 2013 Audit
  3. 2013 ADS

FY2012

  1. 2012 Municipal Budget
  2. 2012 Audit

FY2011

  1. 2011 Audit
  2. 2011 Municipal Budget