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Trustees warned of long-term road funding gap; village approves intergovernmental agreement for 2025 STP projects
Summary
Treasurer outlined a capital shortfall estimated at $42 million over 20 years for village-owned roads; trustees approved an intergovernmental agreement with Campton Township Highway District to share funding for 2025 STP projects.
The village’s finance presentation highlighted a wide gap between current annual capital allocations and estimated long-term road needs while trustees approved a grant-related intergovernmental agreement tied to 2025 Surface Transportation Program (STP) projects.
Treasurer Timothy McPhillips told trustees the village’s fiscal year ends April 30 and presented assumptions for the FY26 budget. He said projected manpower costs for full‑time officers total $1,366,334 and that the village’s estimated revenue for the upcoming budget is heavily reliant on state-distributed funds: roughly 70–86% of revenue comes from state passthroughs and county road-and-bridge distributions, figures McPhillips said the village cannot directly control.
On capital needs, McPhillips showed an engineering-derived estimate that Campton Hills is responsible for about 94.5 lane miles of roads and that an approximate 20‑year capital budget to maintain and repair those miles could total about $42 million using a rough $450,000 per lane-mile assumption. He and Administrator Rooney noted the village currently budgets just under $1 million annually for improvements, creating a projected shortfall over two decades.
Trustees discussed options raised in the presentation, including potential local revenue measures. McPhillips presented a hypothetical: raising the food-and-beverage tax by 0.5 percentage points could generate roughly $92,000 annually; raising it by a full percentage point could generate about $185,000, figures he described as illustrative in exhibit materials.
On a pair of near-term items, the board approved Resolution 25-02, an intergovernmental agreement with Campton Township Highway District to share responsibilities and costs for the 2025 STP projects. Trustee Mallette moved and Trustee Burson seconded the motion; roll call recorded aye votes from Trustees Mallette, Burson, Boatner and Williams and the motion passed.
McPhillips and trustees said the village will continue budget hearings and public works subcommittee discussions as it prepares the FY26 budget and considers whether to pursue revenue changes or grant funding to narrow the capital shortfall.
