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Barrington board reviews finances, approves bills; tax-levy resolution introduced for consideration
Summary
The Village of Barrington reviewed a fiscal report showing year-to-date net income of $934,000, approved paying bills listed on accounts payable warrants, and heard a request to adopt a tax-levy resolution (resolution number 20) for consideration; staff and trustees also announced volunteers for a communications committee.
The Village of Barrington board reviewed year-to-date financials and approved payment of bills listed on the accounts-payable warrants after a motion by Trustee Van Rhyne.
Finance presenter (Speaker 9) told the board the village's net income for the fiscal year to date was $934,000 compared with $815,000 for the same period in FY'25, attributing much of the change to a new sales-tax law that has generated about $254,000 since Jan. 1; use-tax receipts were reported as down about $57,000. The…
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