The Naperville Area Homeowners Confederation met Saturday to discuss two topics that are likely to affect resident’s pocket books: the park district’s planned activity center and electric rates.
The activity is slated to cost $23 million, but will serve a wide range of residents.
Ray McGury, Executive Director of the Naperville Park District, says they’re looking to provide non-traditional offerings, as well as old favorites like arts and crafts and athletic activities.
While many are looking forward to the activity center, not many are excited with the electric rate increase. “A $4.90 a month average increase and then on May 1 of ’15 it will go up to $103.75, for a $6.06 difference on average,” said Mark Curran, Naperville’s Public Utilities Director.
On a positive note, Naperville has bounced back from the recession, with the help of a 60% home sale increase in recent years and over $3.2 million in retail sales tax revenue. Karen DeAngelis, Finance Director for the City of Naperville, pointed out “Recovery is here. Retail sales, it only took two years to exceed where we were before the recession and now we’re setting new record highs every year.”
“I think Naperville is a great place to be and the outlook is positive. This is a well managed community with a lot of involved people who are invested in making Naperville a great place to live,” said Bob Fischer, President of the Homeowner’s Confederation.
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