Frankfort Village Board Adopts $59.4 Million Appropriation for Fiscal Year 2026
The Frankfort Village Board has formally set its maximum legal spending limit for the upcoming fiscal year, adopting a $59,366,900 appropriation ordinance for fiscal year 2026. The measure was passed as part of the board’s unanimous consent agenda during its Monday meeting.
The appropriation ordinance, a legally required annual procedure, was presented to the board following a public hearing held just before the regular meeting. The total amount reflects the village’s approved budget plus an additional 10.48% cushion, a standard practice to allow for potential adjustments in planned expenditures during the year.
Finance Director Jenni Booth first presented the ordinance to the Committee of the Whole on June 11. Trustee Gene Savaria summarized the item for the board, noting that the documents were made available for public inspection at Village Hall and the Frankfort Public Library prior to the vote.
The appropriated amount is spread across several village funds. According to the ordinance documents, the largest portion is the General Corporate Fund, with a total appropriation of 22,017,200. This fund covers major departments,including the Division of Law Enforcement (22,017,200. Thisfundcoversmajordepartments, including the Division of Law Enforcement (10,534,500), the Division of Public Works (4,832,400), and Garbage Disposal (4,832,400), and Garbage Disposal (2,371,700).
Other significant appropriations include $14,748,900 for the Capital Development Fund, which finances major infrastructure and community projects. The Water and Sewer Capital Fund is appropriated at $10,774,700, while the combined Sewer and Water Operation and Maintenance funds are set at over $9.2 million. The Police Pension Fund appropriation is $2,049,400.
The board also approved the payment of bills totaling $1,625,216.95. Trustee Maura Rigoni highlighted several notable payments within that total for public improvements, including work on the Nebraska Street bridges and the Prairie Park multi-use path rehabilitation project.
Latest News Stories
Manhattan Unveils $32.8 Million FY2027 Budget Driven by Major Water and Sewer Upgrades
Illinois quick hits: Madigan corruption appeal to begin Thursday; Attorney General asks lawmakers for additional $15 million;
Deficit watchdog urges Congress to cut more, spend less than Trump’s budget request
Lawmaker pushes sales tax pause on gas as questions cloud ‘fragile’ ceasefire
Groups warn Middle East truce may not ease economic fallout
National ratings outlet says Pennsylvania has most ‘toss up’ midterm races
Regulator: LNG expansion likely to affect rare marsh bird
Court showdown over Trump’s tariffs could reshape U.S. trade policy
PSA urges consumers to think ‘Before You Call That Lawyer’
Vance to lead talks in Iran on Saturday
Rep questions state ed board’s higher budget request, proficiency standards
Illinois reps move bill to give remedy to young victims of hidden cameras