The Village of Lake Orion adopted its budget Monday night, which calls for a slight millage increase for residents.
The village council unanimously approved the budget, which increases the millage rate from 9.9205 mills to 10.4 mills. The extra income from the increase is expected to total about $57,000.
That’s about $24 for a homeowner with a $100,000 home, or taxable value of $50,000.
Village Manager Darwin McClary told the council that the general fund budget is expected to be $1,583,161 and all other budgets total $5,489, 739.
McClary said there is a $306,819 deficit in the water and sewer budget but said all but about $56,000 is for depreciation.
Prior to adoption, the council held a public hearing in which no village resident responded.