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Antioch board adopts FY2025–26 operating budget after marathon presentations and debate

Village of Antioch Board of Trustees (committee of the whole + regular meeting) · June 26, 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

After detailed department presentations and a lengthy discussion about salaries and capital projects, the Village of Antioch board on a roll‑call vote adopted the FY2025–26 operating budget and five‑year forecast. Trustees pressed staff on pay increases, reserves and planned capital spending.

The Village of Antioch board adopted the village’s operating budget for the fiscal year beginning May 1, 2025, after trustees heard multi‑department presentations and debated pay increases and capital projects.

Budget presenter Michael Peterson told the board the village prepared a comprehensive five‑year financial forecast that includes major capital outlays — a new public works building, work on village hall and large water/sewer projects — that will temporarily reduce fund balances before they recover by 2031. "When you're looking between projected year 2025 and budget 2026, you'll see…

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