Tightened controls and reduced spending at the Community Building helped keep the budget under control, the mayor said.
Water and waste-water customers in the village are charged by unit for usage; for example, a single-family home is one unit, a two-apartment house is two units.
The budget calls for a hike of $50 per unit for water users, who would pay $160 for the coming year.
Included in the water budget are plans to replace the water line on Carter Court between Smith and Pleasant streets.
Waste-water users would pay $75 less per unit, coming in at $125. Portions of the sewer budget include a raise for employees and the trade and purchase of a tractor.
Officials say the pumping-station upgrade was completed in July 2012.
Water and sewer customers can once again pay on an installment plan with two payments.
A public hearing on the budget will be held at 6:30 tonight at the Village Office.