Frankfort Approves $1.3 Million in Bills, Including Annual Insurance Payment
The Frankfort Village Board authorized over $1.3 million in payments at its meeting Monday, with nearly half of the total amount covering the village’s annual insurance premiums.
Trustees unanimously approved the schedule of bills totaling $1,308,224.37. Trustee Adam Borrelli explained the composition of the substantial figure, highlighting the largest single expenditure.
“About half of that is our payment to SWARM, which is our basically our insurance payment for general liability, property, and workman’s comp,” Borrelli said. “And that total is $645,490, and again that payment is for the entire year.”
The remainder of the approved bills covered operational costs across several village funds. According to the meeting’s financial documents, disbursements included $784,236.59 from the General Corporate Fund, $236,909.37 from the Capital Development Fund, $238,533.06 for Sewer and Water Operations and Maintenance, and $48,545.35 from the Sewer and Water Extension Fund.
The approval of the bills was part of the board’s unanimous consent agenda, which includes routine items that are passed in a single vote without separate discussion.
Latest News Stories
Illinois patient relies on ACA tax credits, experts warn they drive higher premiums
Trump rolls back tariffs on over 200 foods in sharp reversal
Trump says $2,000 tariff rebate checks won’t come before Christmas
Chicago mayor threatens layoffs, property tax hikes if council rejects head tax
Goldwater Institute sues Arizona attorney general for records
Illinois quick hits: Four officers injured during ICE protest
California asks court to end federalization of National Guard
Manhattan D114 Projects Flat Tax Rate Despite Higher Levy Request, Plans Abatement
ICE, Florida officers arrest 230, including 150 sex offenders
With shutdown over, fight over Obamacare reform is on
Feds launch initiative to conduct welfare checks on unaccompanied minors
Will County Committee Denies Appeal for Crete Township ‘Tiny Home’ Permit
Judge: Biden-era decree deal requires release of 600+ from ICE detention
Poll: Majority believe free speech in U.S. headed in wrong direction