John W. Norris, Mayor, Village of Riverwoods
As we start the New Year, I am pleased to report that the state of the Village is excellent. Our operating budget has a surplus of revenues over expenses. The new Village Hall is well on its way to completion, on schedule and on budget. Portwine Road has been repaved using state-provided funds from the Motor Fuel Tax Fund.
We are now planning much needed rehabilitation/replacement projects for the Village Water
System that we hope to start this spring. This rehabilitation and replacement work should result in fewer service interruptions and lower maintenance costs in the long run. This work on the water system will be funded from the capital projects reserve created in the Water Fund. No borrowing or increase in water rates, which have not been in-creased since April 2007, will be required for this work.
There will, of course be challenges and change in 2017. I am confident, however, that if we meet these challenges with the same hard work and community spirit that Riverwoods has shown in the past, the Village will be better than ever.
Finally, on behalf of the Board of Trustees, the Village Staff, and myself, let me wish you all a very Happy and Successful New Year.