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LaSalle Finance Committee reviews FY2026 appropriation; general fund down about $775,000

5321520 · July 7, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its July 7 meeting the LaSalle Finance Committee reviewed the proposed fiscal year 2026 appropriation, noting a total-all-funds deficit of roughly $3.9 million, an estimated general fund decrease of about $775,000 and a planned drawdown from water fund reserves to cover infrastructure work.

LaSalle’s Finance Committee on July 7 reviewed the proposed fiscal year 2026 appropriation ordinance and discussed updated revenue figures and expected fund decreases ahead of the council hearing planned for the same night.

The review matters because committee members say several city funds show decreases that would be covered in part by existing reserves but that drawing down reserves repeatedly would be unsustainable. Committee members also reported that tax increment…

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