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Lincoln Heights adopts $9.78 million 2025 permanent appropriation ordinance, council notes $1.4M shortfall

Village of Lincoln Heights Council · March 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Village of Lincoln Heights council adopted Ordinance 2025-01, its annual permanent appropriation for 2025, approving a $9,782,388.74 budget while acknowledging a $1.4 million operating shortfall offset in part by roughly $2 million in carryover funds and targeted transfers.

Lincoln Heights council on Monday adopted Ordinance 2025-01, the village’s 2025 permanent appropriation ordinance, approving a total budget of $9,782,388.74 and enacting the emergency clause after unanimous roll-call votes. "The total, budget for 2025 is $9,782,388.74," the budget presenter stated during the public presentation of the ordinance.

The finance overview presented to council broke the budget into four fund classifications: a general fund, 13 special revenue funds, six capital project funds and two fiduciary funds. The presenter said expected revenue for the year is about $6.9 million against…

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