Finance director: November collections strong; village holds $3.7M general fund balance

At the Dec. 16 Village of Woodlawn Council meeting Finance Director Lonnie presented key revenue and fund-balance figures and asked the council to approve receipts and reconciliations.

Lonnie reported that income tax collections for November totaled $670,808 and that 2025 year-to-date income tax revenues are 6% higher than 2024. Since the inception of the road-and-sidewalk tax the village has collected $6.3 million and disbursed $5.0 million, leaving a balance of $1.3 million. The general fund balance was reported at $3.7 million and the balance for all funds at about $8.0 million. Lonnie presented a receipts and disbursements report showing roughly $990,000 collected and about $1.4 million disbursed in November.

Staff reported November overtime of $333,444, with police, fire and public works accounting for approximately 53%, 35% and 7% of the overtime charges respectively. Salary and benefits year-to-date spending was reported at about $5.5 million, a 17% increase over 2024. The council voted to approve the receipts, payment listing and bank reconciliation for November.

The figures presented set the operating baseline for the village’s budgeting and the council’s recent passage of temporary appropriations will guide spending in 2026. No budget amendments were adopted beyond those noted in the ordinance package passed during the meeting.