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.

Leave a Comment





Latest News Stories

Taxpayer risk cited after Bears stadium bill stalls

Taxpayer risk cited after Bears stadium bill stalls

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Bears stadium legislation is stalled after questions arose about a potentially unpopular tax structure and financial...
Illinois Quick Hits: General Assembly approves CTE bill

Illinois Quick Hits: General Assembly approves CTE bill

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A bill offering career technical education classes as an alternative to Illinois’ foreign language mandate is headed...
Amended scooter, e-bike bill heads to governor

Amended scooter, e-bike bill heads to governor

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois General Assembly has passed a bill to regulate e-bikes, scooters and other micromobility devices, but...
Washington insiders: Social media more influential than traditional media, but few trust it

Washington insiders: Social media more influential than traditional media, but few trust it

By ByTom JoyceThe Center Square Social media has passed traditional media in influence among Washington policy and political insiders, according to a new survey. However, few of those insiders trust...
Ceasefire being tested as U.S., Iran continue to exchange fire

Ceasefire being tested as U.S., Iran continue to exchange fire

By Sarah Roderick-FitchThe Center Square For the third time in a little over a week, the U.S. and Iran exchanged fire, adding more strain to the nearly two-month-long ceasefire. U.S....
Supreme Court declines to hear COVID-19 vaccine case

Supreme Court declines to hear COVID-19 vaccine case

By Andrew RiceThe Center Square The U.S. Supreme Court on Monday declined to hear a case challenging Washington state's COVID-19 vaccine mandate for healthcare workers. The case, Curtis v. Inslee,...
Supreme Court agrees to hear prisoner release case

Supreme Court agrees to hear prisoner release case

By Andrew RiceThe Center Square The U.S. Supreme Court agreed on Monday to hear a case over whether a federal prisoner can petition to expedite a prison sentence under federal...
New Jersey city faces curfew after violent anti-ICE demonstrations

New Jersey city faces curfew after violent anti-ICE demonstrations

By Chris WadeThe Center Square A nighttime curfew remains in effect outside of a New Jersey ICE detention center Monday after days of violent confrontations with demonstrators that prompted Gov....
Property tax-free Bears deal fails to pass

Property tax-free Bears deal fails to pass

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois legislative session has ended with no stadium deal for the Chicago Bears. House Bill 958...
Illinois Quick Hits: Loyola student's alleged killer charged with new felony

Illinois Quick Hits: Loyola student’s alleged killer charged with new felony

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Late Loyola University student Sheridan Gorman’s alleged killer has been charged with possessing a 6-inch shank in...
$55.9 billion budget includes new taxes, 'no property tax relief'

$55.9 billion budget includes new taxes, ‘no property tax relief’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois General Assembly has voted to approve a record-high budget for fiscal year 2027, with new...
Illinois to require bell-to-bell student phone ban in public schools

Illinois to require bell-to-bell student phone ban in public schools

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Legislation to ban the use of cell phones by students from bell-to-bell officially passed both chambers in...
Election 2026: Stumps heavy with economy, crime in U.S. Senate race

Election 2026: Stumps heavy with economy, crime in U.S. Senate race

By Alan WootenThe Center Square Democrat and fifth decade politician Roy Cooper’s campaign to succeed Sen. Thom Tillis, flipping one of 53 seats in the U.S. Senate, is locked in...
Quintuple fatal in Virginia renews focus on English language in CDL licensures

Quintuple fatal in Virginia renews focus on English language in CDL licensures

By Alan WootenThe Center Square Jing Dong, a U.S. citizen after immigrating from China, will be charged with involuntary manslaughter in the quintuple fatal crash early Friday morning, State Police...
Everyday Economics: Jobs report to test how long consumers can keep carrying economy

Everyday Economics: Jobs report to test how long consumers can keep carrying economy

By Orphe DivounguyThe Center Square The jobs report is the main event this week. But the real question is bigger than payrolls. Can household spending keep holding up when the...