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
Board Approves Engineering Contracts for Mokena Road Widening
Will County Awards $1.46 Million Contract for Kankakee Street Bridge Replacement in Manhattan Township
Crete Township Community Center to Get New Digital Sign
WATCH: Trump says ‘dangerous’ Chicago next after addressing crime in D.C.
Illinois quick hits: Pritzker signs abortion bills; Operation Purple Heart returns medals
WATCH: IL Department of Human Services’ adverse audit draws legislators’ ire
Illinois prisons to publish annual data on contraband, safety and overdoses
Commission enacted to aid young IL farmers facing challenges
Will County Executive Proposes $791 Million Budget Focused on Stability Amidst Economic Uncertainty
WATCH: Detransitioner gets a second chance at medical malpractice lawsuit
WATCH: CA Democrats pass congressional redistricting plan
Pew: U.S. immigrant population declines for first time in nearly 60 years