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Clinton City Council Expected To Approve FY18 Budget Monday

When the Clinton City Council meets Monday night, they will be presented with the fiscal year 18 budget.
 
City Treasurer Clint Lichtenwalter explains the budget this year looks good. He says barring any unforeseen expenses, the city should break even at the end of the year.
 
 
The City of Clinton is one of the few communities that make the claim their police pension fund is almost 100-percent funded. Lichtnewalter says they've been diligent in keeping up with their pension funds for police and fire.
 
 
With the troubles from the State of Illinois continuing, Lichtenwalter says the City rarely finds themselves in trouble because of the State.
 
 
Lichtenwalter says the City is in good standing financially. He says they still have some loans out for the water department but calls the self-funded health insurance fund, which also includes the hospital, the best part of the budget. He says after getting depleted a few years ago, they have built it back up. 
 
Lichtenwalter will present the City with the budget Monday and then CEO of Warner Hospital and Health Services, Paul Skowron will present the Hospital budget. 

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