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Motor fuel tax fund shows planned deficit as village allocates $2.75M to annual road program
Village of Oswego Committee of the Whole · October 21, 2025
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Summary
Presenter said the Motor Fuel Tax fund projects $1.825M in revenue and $2.95M in expenditures for 2026, leaving a planned deficit that will rely on reserves and capital fund support; trustees confirmed IDOT high-growth allotments are included.
Trustees reviewed the Motor Fuel Tax (MFT) fund numbers for 2026 and discussed how the annual road program will be funded.
Presenter said, "Revenue is projected at $1,825,000 and expenditures at $2,950,000 which leaves a deficit of $1,125,000," noting…
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