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Lake Bluff finance committee details vehicle/equipment fund, capital plan as stormwater and bridge projects loom
Summary
The Lake Bluff finance committee on March 10 reviewed the vehicle equipment replacement fund, several one-time technology and public-safety purchases, and a multi-year capital improvement plan that includes a $500,000 transfer from the general fund and projects dependent on state, county and grant funding.
Lake Bluff — The village finance committee on March 10 reviewed the vehicle equipment replacement fund, detailed several technology and public-safety equipment needs and reviewed a multi-year capital improvement plan that includes an anticipated $500,000 general-fund transfer and a mix of local, county and potential grant funding.
Committee members heard that the VERF includes recurring purchases — such as the annual squad car — and a set of larger, less frequent expenses this year: virtualization of the phone system, migration to Microsoft 365, a cloud upgrade for the village financial software, network switches, ZOLL monitor replacement for the fire department, and an upgrade to the public-safety center access control system.
“The big one that’s kind of the obvious spike is…
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