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Lisle CFO reports stronger sales-tax receipts, transfers to stormwater and capital funds
Summary
CFO Mitchell told the board Lisle's FY25—'26 second-quarter results show general-fund year-to-date revenues of $12.56 million (54.4% of budget), higher sales- and building-permit receipts, and transfers of $1,052,530 to stormwater and $1,775,000 to capital improvements; a water/sewer rate study is expected in March or April 2026.
CFO Mitchell summarized the village—s second-quarter financial position through Oct. 31, noting revenues and transfers that will guide the FY26—'27 budget process.
Mitchell reported year-to-date general-fund revenues of $12,558,424, which he said represents 54.4% of the $23,100,437 annual budget and is about…
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