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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 budgeted deficit of $11,410,210.
The deficit is driven largely by planned street projects totaling $10,232,000 that the Village Administrator said are included above ordinary maintenance. That amount, the administrator said during discussion, represents the majority of the gap between appropriations and projected revenues.
The board opened and closed a public hearing on the ordinance with no members of the public speaking. After trustee discussion, a motion to approve was made and seconded; a roll-call vote was recorded and the motion passed.
The ordinance was presented by the Village Administrator as the primary explanation of totals and the offsetting revenue estimate. Trustees did not request further amendments during the meeting; details on line-item allocations were not specified at the hearing.
What happens next: the ordinance establishes legally authorized spending levels for the fiscal year. The transcript does not specify any immediate changes to tax rates or specific funding sources beyond the revenue total noted in the ordinance packet.
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