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Board approves $149,469 in warrants; reports $15,000 water bill spike from main break
Summary
The board approved $149,469 in warrants and signed off on two small budget corrections after the finance director reported an 80,000-gallon water loss that raised the water bill roughly $15,000; the general fund was reported to have a surplus of over $500,000.
The Village Board approved accounts payable warrants totaling $149,469 and approved two corrections to the budget at its March 17 meeting.
Director of Finance Eugene Van presented the warrants and explained an approximately $15,000 increase in the water bill resulted from an 80,000-gallon water loss during a March 11 water-main break. "You probably noticed that the water bill was pretty high ... it was about 15,000 higher than it normally is it was because of the 80,000 gallons of water we lost with the water main break," Van said.
Van said February reports show the general fund has "over half a million dollars in surplus," the water fund has about an $80,000 surplus and the sewer fund is breaking even. He also said Comcast had mailed a quarterly payment that was lost in the mail and that staff is following up.
Van requested two budget corrections tied to salary fields that were mis-entered into the budget program: the part-time salary line should be $2,100, the full-time salary should be $2,334, and the deferred-compensation figure should read 1609; trustees approved the corrections by roll call.
All financial items were approved by unanimous roll-call votes. The transcript does not record additional changes to the general fund or exact entries for deferred-compensation accounts beyond the corrected figure noted in the meeting.
