Frankfort-Village-Board-Meeting-Graphic

Frankfort Village Board Adopts $59.4 Million Appropriation for Fiscal Year 2026

Spread the love

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.

Leave a Comment





Latest News Stories

Screenshot 2025-11-05 at 4.02.49 PM

County Sales Tax Revenues Strong, Cannabis Funds Dispersed to Community Programs

Will County Finance Committee Meeting | November 2025 Article Summary: Will County's key sales tax revenues are on track to meet or exceed budget projections for fiscal year 2025, though...
Illinois sports wagers decline after implementation of new tax

Illinois sports wagers decline after implementation of new tax

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Gaming Board has reported a 15% drop in September sports betting, after the state imposed...
Will County Board Land Use Committee Graphic.4

Will County Committee Grants Extensions for Crete, Washington Township Solar Projects

Will County Land Use & Development Committee Meeting | November 6, 2025 Article Summary: The Will County Land Use and Development Committee granted 180-day extensions for two commercial solar energy projects...
Competing crypto plans create 'narrow path' for adoption

Competing crypto plans create ‘narrow path’ for adoption

By Brett RowlandThe Center Square Two competing plans seeking to define market structure for digital assets in the U.S. have left a "narrow path" to pass regulations for cryptocurrency. The...
Congress used government funding bill to 'erase' $3.4 trillion in deficits

Congress used government funding bill to ‘erase’ $3.4 trillion in deficits

By Thérèse BoudreauxThe Center Square Quietly tucked inside Republicans’ funding deal to end the government shutdown is a provision wiping the congressional Pay-As-You-Go (PAYGO) scorecard, effectively forgiving nearly $3.4 trillion...
Illinois patient relies on ACA tax credits, experts warn they drive higher premiums

Illinois patient relies on ACA tax credits, experts warn they drive higher premiums

By Catrina BarkerThe Center Square President Donald Trump signed a House-passed short-term spending bill late Wednesday, ending the shutdown and keeping the government open through January, notably without the Affordable...
Trump rolls back tariffs on over 200 foods in sharp reversal

Trump rolls back tariffs on over 200 foods in sharp reversal

By Brett RowlandThe Center Square Responding to Americans' frustrations over high grocery prices, President Donald Trump issued an executive order Friday exempting more than 200 food products from tariffs. "Certain...
Trump says $2,000 tariff rebate checks won't come before Christmas

Trump says $2,000 tariff rebate checks won’t come before Christmas

By Brett RowlandThe Center Square Americans won't get a $2,000 rebate check from the federal government before Christmas. President Donald Trump said Friday that the proposed checks will not be...
Chicago mayor threatens layoffs, property tax hikes if council rejects head tax

Chicago mayor threatens layoffs, property tax hikes if council rejects head tax

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Mayor Brandon Johnson is threatening service cuts, layoffs and property tax hikes if aldermen reject his...
Goldwater Institute sues Arizona attorney general for records

Goldwater Institute sues Arizona attorney general for records

By Chris WoodwardThe Center Square A lawsuit has been filed against Arizona Attorney General Kris Mayes. Phoenix-based Goldwater Institute brought the lawsuit. Attorneys want Mayes to release alleged price-fixing complaint...
Illinois quick hits: Four officers injured during ICE protest

Illinois quick hits: Four officers injured during ICE protest

By Jim Talamonti | The Center SquareThe Center Square Four officers injured during ICE protest Four state and local law enforcement officers were injured and 21 people were arrested Friday...
California asks court to end federalization of National Guard

California asks court to end federalization of National Guard

By Dave MasonThe Center Square California officials Friday renewed their motion for a judge to end the federalized deployment of National Guard troops in Los Angeles. Attorney General Rob Bonta...
ICE, Florida officers arrest 230, including 150 sex offenders

ICE, Florida officers arrest 230, including 150 sex offenders

By Bethany BlankleyThe Center Square U.S. Immigration and Customs Enforcement and Florida Department of Law Enforcement officers arrested 230 foreign nationals in the U.S. illegally, many with extensive criminal histories....
With shutdown over, fight over Obamacare reform is on

With shutdown over, fight over Obamacare reform is on

By Thérèse BoudreauxThe Center Square With the record-long government shutdown finally over, Republicans are ramping up conversations about how to reform Obamacare and address the rising cost of insurance premiums....
Feds launch initiative to conduct welfare checks on unaccompanied minors

Feds launch initiative to conduct welfare checks on unaccompanied minors

By Bethany BlankleyThe Center Square U.S. Immigration and Customs Enforcement has launched an initiative with state and local law enforcement 287(g) partners to locate roughly 450,000 “unaccompanied alien children” (UACs)...