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Lisle trustees open public hearing on FY2026–27 budget; $58.7M in expenditures proposed
Summary
The board opened a required public hearing on the village's proposed FY2026–27 budget. Deputy Village Manager/CFO Sarah Mitchell summarized totals: $58,696,466 in expenditures, $51,691,374 in projected revenues and a planned use of reserves for one‑time capital projects; final adoption is scheduled for April 20.
The Village of Lisle opened a public hearing on the proposed fiscal year 2026–27 budget at its April 6 meeting. Deputy Village Manager and CFO Sarah Mitchell presented the budget overview and reminded the board that state statute requires the budget be available for public inspection at least 10 days prior to adoption and that the village hold at least one public hearing.
Mitchell said the village fiscal year runs May 1 to April 30. The proposed budget lists total expenditures of $58,696,466 and projected revenues of $51,691,374, resulting in a planned draw on reserves to support one‑time capital expenditures. Staff told the board that overall fund balances continue to exceed the village's minimum reserve policies and that the final step in the process is final approval on April 20.
There were no public speakers on the budget at the hearing. The board opened and then closed the public hearing by roll call prior to moving on to the consent agenda.
Next steps: The board will consider final approval of the FY2026–27 budget at the April 20 meeting; the budget packet remains available for public review online and at Village Hall as required by statute.
