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LaGrange adopts $20M operating budget with nearly $16M earmarked for flood mitigation
Summary
The Village of LaGrange board unanimously approved the FY2026–27 operating and capital budget, projecting just over $20 million in general fund expenditures, robust reserves and nearly $16 million in flood-mitigation capital spending; a resident requested staff clarify a $300,000 personnel accounting discrepancy before final implementation.
The Village of LaGrange Board of Trustees unanimously adopted the FY2026–27 operating and capital improvement budget at its April 13 meeting, approving a plan that projects general fund expenditures of just over $20,000,000 and allocates substantial capital resources to flood mitigation.
Trustee Augustine, referring the item to staff, summarized the budgeting process and the document’s principal figures: a projected general fund expenditure slightly above $20 million, a targeted general reserve projection of $21,700,000 (about 94.5% of annual operating expenditures), and total capital expenditures of $25,652,412, with just under…
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