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
Poll: Majority of Americans believe country not adhering to founding ideals
Trump-backed Letlow wins Louisiana Republican Senate runoff
Poll: Voters more likely to support GOP over Trump
Report: Texas and Florida are leading in tort reform, Boom Belt success
Poll: 96% want Senate candidates to address Social Security cuts
Energy group praises bill curbing EPA regulatory ‘abuses’
Taxpayer cost questions surround push for suicide prevention measures on I-74 Bridge
America 250: Celebrating the first attorneys general who fought for freedom
Texas becomes first state to make Bible required reading
Colorado gubernatorial candidates debate economic issues
U.S. launches retaliatory strikes against Iran
Illinois sued over prediction market law imposing new taxes, regulations