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Treasurer reports higher revenues year to date; board lists $181,237 in payables
Summary
The treasurer reported year-to-date revenue of $2,876,000, expenses of $2,164,000 and net income of about $700,000; the board listed accounts payable of $181,237.05 on Jan. 13. Trustees discussed budget-to-actual comparisons and one-time timing items.
The village treasurer presented the financial statements dated Nov. 30, 2025, to the Board of Trustees on Jan. 13 and summarized fiscal highlights. The report showed year-to-date revenue of $2,876,000, expenses of $2,164,000, and a reported net income of about $700,000.
The treasurer noted timing and one-time items that affected comparatives with the prior year, including insurance proceeds recorded last year. The report said the village had realized $158,000 in grant-related receipts and had completed three of four projects tied to those grants.
On the agenda was also an accounts-payable item totaling $181,237.05 dated Jan. 13, 2026. The transcript segments provided do not include a recorded motion or vote on that payable in the available excerpt.
Trustees discussed sales-tax trends, a small decline in use-tax receipts, and several expense line items including interior building maintenance and right-of-way work. The treasurer said the village was "at 100% of our budget, only 7 months into our [fiscal year]," indicating year-to-date budget realization, and advised trustees to consult the budget-to-actual dashboard for details.
No formal budget adoption or amendment vote is recorded in the supplied transcript segments; follow-up in the official minutes is recommended for formal approvals and signature records.
