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.

Events

No events

Leave a Comment





Latest News Stories

WATCH: Pritzker’s ‘move’ comments ‘insulting’ to Illinoisans, Freedom Caucus says

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Members of the Illinois Freedom Caucus say people want to leave the state because Gov. J.B. Pritzker...
Lawmakers seek to offer immigrants temporary legal status

Lawmakers seek to offer immigrants temporary legal status

By Andrew RiceThe Center Square A bipartisan group of lawmakers have introduced a bill to offer immigrants the opportunity to live and work in the United States legally. The Dignity...
DEA surge nets drugs, 617 arrests, 420 firearms, $11 million in cash

DEA surge nets drugs, 617 arrests, 420 firearms, $11 million in cash

By Brett RowlandThe Center Square The Drug Enforcement Administration said Monday it seized drugs, guns and millions of dollars in cash during a week-long surge effort aimed at the Sinaloa...
NTU urges Congress to let temporary Obamacare tax credits end, impacting millions

NTU urges Congress to let temporary Obamacare tax credits end, impacting millions

By Thérèse BoudreauxThe Center Square The National Taxpayers Union is urging Congress to let the expanded Obamacare premium tax credits, which help subsidize health insurance rates, expire in 2025 as...
Illinois quick hits: Trump to decided on Guard deployment; alleged cartel boss indicted

Illinois quick hits: Trump to decided on Guard deployment; alleged cartel boss indicted

By Jim Talamonti | The Center SquareThe Center Square Trump to decided on Guard deployment President Donald Trump says he will make a decision in the next day or two...
WATCH: GOP AG candidate: IL’s triplex of Democrat statewide offices ‘fails the people’

WATCH: GOP AG candidate: IL’s triplex of Democrat statewide offices ‘fails the people’

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – A Republican vying for the party’s nomination for Illinois attorney general says he has the experience to...
WATCH: Homan targets Chicago; Freedom Caucus responds to Pritzker’s ‘move out’ comment

WATCH: Homan targets Chicago; Freedom Caucus responds to Pritzker’s ‘move out’ comment

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares some of...
Everyday Economics: Why weak jobs data trumps inflation concerns for Fed policy

Everyday Economics: Why weak jobs data trumps inflation concerns for Fed policy

By Orphe DivounguyThe Center Square The August jobs report delivered a shocking blow, revealing an economy teetering on the edge of a jobs recession. Just 22,000 jobs were added in...
EXCLUSIVE: Secret Service spent $11 million on Hunter Biden travel detail

EXCLUSIVE: Secret Service spent $11 million on Hunter Biden travel detail

By Bethany BlankleyThe Center Square The Biden administration spent more than $10 million over three years on a security detail and related expenses for former First Son Hunter Biden after...
Proposed federal funding bill doles out nearly $16M for electric, hydrogen buses

Proposed federal funding bill doles out nearly $16M for electric, hydrogen buses

By Thérèse BoudreauxThe Center Square Nearly $16 million taxpayer dollars are set aside for zero-emission buses and charging stations across the country in one of Congress’ proposed annual government funding...

WATCH: Democrats ‘hate’ Trump more than they ‘love’ their communities, Homan says

By Greg BishopThe Center Square Trump administration border czar Tom Homan says Democrat leaders in sanctuary states and cities hate President Donald Trump more than they care for their communities....
Bipartisan group of lawmakers aim to increase migrant physician jobs

Bipartisan group of lawmakers aim to increase migrant physician jobs

By Andrew RiceThe Center Square A bipartisan group of Congressional lawmakers wants to expand a program that allows noncitizens to fill physician vacancies in rural areas of the United States...

WATCH: Border czar Homan considered turning Trump’s offer down

By Greg BishopThe Center Square Tom Homan, President Donald Trump's border czar, addressed the State Freedom Caucus Foundation Friday night in Dallas.

WATCH: DeSantis addresses State Freedom Caucus Foundation

By Greg BishopThe Center Square Florida Gov. Ron DeSantis addressed the State Freedom Caucus Foundation Friday night in Dallas.
Higher ed spending up as enrollment plummets at Illinois universities

Higher ed spending up as enrollment plummets at Illinois universities

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A former state lawmaker says Illinois is now tops in the nation on per-student spending in higher...