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Crest Hill holds public hearing on proposed FY2026 budget; ordinance to be scheduled
Summary
Crest Hill — The City of Crest Hill held a public hearing on the proposed fiscal year 2026 budget, during which Finance Director Glenn Gerke outlined a $2.6 million planned draw from reserves to cover capital projects tied to the city’s water and sewer program.
Crest Hill — The City of Crest Hill held a public hearing on the proposed fiscal year 2026 budget on Tuesday, during which Finance Director Glenn Gerke presented detailed revenue and expenditure estimates and answered council questions about reserves and capital projects.
Gerke told the council the proposed combined budget shows a net deficit of about $2,600,000 that the city plans to cover by drawing on previously built fund balances rather than new borrowing. He said water and sewer capital projects tied to the city’s participation in the Grand Prairie Water Commission (RWC) — the agreement to obtain Lake Michigan water — drive a large share of planned capital spending over the next six years. Total projected water/sewer capital projects for FY2026 were reported as $15,030,000, with $9,922,392 expected to be reimbursed through IEPA, DCEO, and CDBG grants.
Gerke said general fund revenues were projected at roughly…
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