Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
New Lenox trustees adopt FY2026–27 budget and approve multiple development and contract items
Summary
Trustees adopted a $94.3 million revenue FY2026–27 operating budget, approved a FY2025–26 budget amendment, and approved a bundle of development plats, contracts and purchases including Spencer Meadows surety, a fieldhouse design agreement and several public‑works contracts.
The Village of New Lenox Board of Trustees adopted the FY2026–27 annual operating budget April 20 after a staff presentation and approved a separate resolution amending the current fiscal year’s budget to address timing issues.
Kim, the village budget presenter, told the board that “the total operating budgeted revenue is $94,306,752” and that operating expenses were budgeted at $73,489,043; the proposal includes a 4.5% cost‑of‑living adjustment for personnel, a projected 2.5% sales‑tax revenue increase and a general‑fund balance targeted at roughly 10 months of operating costs,…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
