Frankfort Village Board Adopts $59.4 Million Appropriation for Fiscal Year 2026
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.
Latest News Stories
Build America 250 Act would help Uber, Lyft with lawsuits
Supreme Court declines hearing Catholic donations case
Investigation: Sanders’ anti-oligarchy tour spent $608k on elite travel
Illinois news in brief: Prosecutors charge man with using care in attempt to kill cops; Military higher education bill goes to governor; Burrito chain closes locations in Chicago area
Lincoln-Way North to Host TV Pilot Filming Under $210,000 Rental Deal
Analysts: Redistricting to cost taxpayers, while slowly shifting election outcomes
Trump honors fallen service members, vows Iran will not obtain nuclear weapon
Stephen Colbert returns to community show after final ‘Late Show’ appearance
TVA reports solid financial results, acknowledges resource plan delays
Illinois dual office holding debate intensifies amid Calumet funding, ethics concerns
School choice Yass Prize awards continue, $20M worth of grants awarded nationwide
U.S. sees progress in Iran talks, Tehran says no deal yet