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Warrenville outlines FY26 financial snapshot and sets FY27 budget timeline
Summary
Director Dahlstrom told the committee all funds are operating in the black through July but cautioned that audit timing and state remittance changes affect comparability; staff set a budget workshop for March 14, 2026 and targeted final adoption for April 20, 2026.
Director Kevin Dahlstrom presented the committee with the city's first fiscal‑year‑2026 financial update and the FY27 budget preparation and adoption timeline, saying most funds were operating in the black through July while noting some revenue timing and audit entries remain unresolved.
Dahlstrom described a shift in how certain taxes are remitted following state changes to the "leveling the playing field" act: he said use‑tax receipts fell (he cited a current figure of $27,004.70 per month down from roughly $42,900 a year earlier) while shared sales tax and home‑rule sales tax were running about $30,000 and $32,000 ahead, respectively, effectively offsetting some of the use‑tax decline. He said projections from IML…
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