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Morton adopts $55.5 million appropriations ordinance, budgets $11.41 million deficit largely for street projects
Summary
The Village of Morton Board of Trustees on July 21 approved Ordinance 26-06, setting fiscal 2025–26 appropriations at $55,465,960 and projecting a budgeted deficit of $11,410,210, primarily to fund street projects totaling $10,232,000, the Village Administrator said.
The Village of Morton Board of Trustees on July 21 approved Ordinance 26-06, an ordinance making appropriations for corporate purposes for the fiscal year beginning May 1, 2025, and ending April 30, 2026, the Village Administrator said. The ordinance sets total appropriations at $55,465,960 and total budgeted revenue at $44,055,750, producing a…
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