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.
Community Events
Latest News Stories
Voters to decide two statewide measures, nearly 100 local proposals
WATCH: Coalition sues to protect student loan forgiveness
Judge: SCOTUS ruling doesn’t necessarily end block on Trump DEI orders
WATCH: California attorney general talks about Prop. 50
Illinois quick hits: Man charged with threatening Trump; judge grants injunction in shelter funding case
WATCH: IL GOP Rep: Sanctuary expansion bill may expose many to civil lawsuits
Senators introduce legislation to codify Antifa terror designation
DHS proposes billion dollar expanded DNA testing for immigrants
Trump administration resumes visa processing despite shutdown
Muslims in Virginia, New York face decades in prison for supporting Houthis, ISIS
Indian reservation focus of human smuggling probe at U.S.-Canada border
WATCH: Family, friends remember Bailey family at celebration of life