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
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
Illinois quick hits: Pritzker to sign tax, toll increases to bail out transit
IL Senate approves Department of Corrections director despite fierce opposition
Report: PJM power grid electrification faces bumpy transition
Judge orders Trump to use emergency fund to disburse SNAP benefits
Early morning vote advances Illinois’ ‘Terminally Ill Patients Act,’ sparks outcry
91% of U.S. veterans concerned about food assistance amid shutdown
Indiana state police working with ICE at Illinois border to secure interstates
Trump’s former National Security Adviser criticizes Ireland for ‘cozying up to China’
WATCH: IL lawmakers pass consequential bills early Halloween