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
Mokena Park District Increases Spending Authority to Align with New State Law
Mokena Police Department Welcomes First K-9 Officer, Kong
Mokena Approves ‘Emerald Social’ Restaurant and Outdoor Entertainment Venue
Lawmakers introduce bills to slash their own pay during government shutdowns
94% of sanctioned scholars suffered from free speech attacks
Illinois soybean farmers face uncertainty amid MAHA push against seed oils
Family-based visa quotas cause system backlogs
Crete Township ‘Tiny Home’ Owner Appeals Permit Denial
Association says housing aid to continue through December
WATCH: Father of Housing First points to success; We Heart Seattle highlights failures
Death threats against ICE officers up by 8,000%, DHS says
Colorado sues over Space Command HQ moving to Alabama