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Board directs 2025 general fund surplus toward street reconstruction fund
Summary
Trustees approved moving the projected 2025 general fund excess (estimated $300,000–$400,000 pending audit) into the street construction/mill pave program to help bridge recent budget gaps and fund near-term road work.
Finance Director Greg Wenholz told the board the 2025 general fund is expected to show a favorable variance of approximately $300,000–$400,000 pending final audit adjustments. He recommended transferring the excess to the street reconstruction fund to support the mill pave program.
Wenholz said the village budget had a one-time reduction of $200,000 to the road fund this year and the goal is to return the road program toward a target of roughly $1.1 million in annual funding. Trustees moved and approved placing the final 2025 excess fund balance into the street construction fund to help bridge that gap.
Staff indicated the final amount will be determined by the completed audit and that the transfer will be adjusted accordingly.
