Itasca board adopts FY2026 appropriations ordinance with contingency and $600,000 SSA placeholder

The Village of Itasca on July 1 adopted its fiscal 2026 appropriations ordinance, approving the budget the board adopted in June and adding a 10% contingency for each department and fund plus $600,000 earmarked for a potential CMD shared-service agreement (SSA). The board waived the second reading and took final action.

The ordinance formalizes the spending limits for the fiscal year beginning May 1, 2025, and ending April 30, 2026. Finance and operations committee Chair Trustee Powers summarized the package, saying the draft “reflects the budget, plus an additional 10% contingency for each department and fund” and noted the $600,000 addition for the CMD SSA was not in the original budget but will only be spent if the SSA is approved.

The appropriations document also includes the library appropriation of $1,700,000. Trustees asked when the SSA might come forward; staff said the SSA has not yet been presented and is likely a few months away, with the village planning to return to it in the fall.

Board members approved waiving the second reading and final adoption by roll call. The record shows Trustees Daley, Gavanas, Leahy, Powers and Ayani voting in favor; Trustee Christiansen was absent.

The ordinance establishes spending authority but does not itself authorize transfers or project-specific contracts beyond what the budget and later approvals permit. Village staff said the appropriation includes contingency to provide flexibility for unanticipated needs or emergencies and that the $600,000 appropriation for the CMD SSA will only be expended if the SSA is approved in a future action.