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Lockport council previews $92.6 million budget; wastewater plant drives $52.5 million in infrastructure
Summary
Finance staff presented a FY2026 budget showing $92.6 million in revenues, $94.6 million in expenditures and $2.8 million of reserves to fund a $29 million IEPA loan for a three‑year wastewater treatment plant; a public hearing is set in two weeks and final approval is targeted for Dec. 3.
Lockport budget presenter Lisa laid out a proposed FY2026 budget during the council meeting, showing $92.6 million in city revenues and $94.6 million in proposed expenditures that rely on $2.8 million of reserves.
"This is a status quo budget," Lisa said, adding the city expects to use a $29,000,000 IEPA loan to fund a three‑year wastewater treatment plant project that drives much of the near‑term spending. She showed an infrastructure program of roughly $52,500,000 that…
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