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Lake Bluff trustees adopt two-year budget for 2027–28, keeping capital plan for stormwater work
Summary
The Village of Lake Bluff approved its tentative biennial budget for fiscal years 2027–28, continuing multiyear planning and allocating funds for capital projects including stormwater investments; trustees approved the ordinance by roll-call vote.
The Village of Lake Bluff board on April 27 approved the tentative biennial budget for fiscal years 2027–28, a multiyear spending plan that trustees said preserves reserves, controls operating costs and advances capital projects.
President Regis Charlot read budget totals into the record and trustees held a roll-call vote to adopt the ordinance. The plan covers village and public-library funds and includes operating budgets of roughly $14.8 million for fiscal year 2027. Trustees and staff said the budget was assembled to align with the village’s 2026 strategic plan.
The budget document anticipates a substantial capital program tied to stormwater infrastructure, with staff noting tentative bond proceeds in FY2028 to fund planned investments. Charlot said the village will re-invest in infrastructure while maintaining minimum reserve levels and controlling operational costs.
The adoption follows a public hearing that closed at the meeting with no public comments received. The board’s finance director presented March revenue highlights — including increased sales-tax receipts year to date — and trustees voted to accept the finance report before approving the budget.
The ordinance moves the tentative budget into the village’s implementation phase; trustees and staff said further execution steps and project-specific bidding will follow as funds are authorized and contracts are awarded.
