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Brookfield authorizes $1.5 million line of credit, extends Shops lease amid tax‑bill delays
Village of Brookfield Village Board · September 23, 2025
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Summary
Facing delayed Cook County property tax bills that fund about 40% of the general fund, the Village of Brookfield approved a line of credit up to $1.5 million with First National Bank of Brookfield and extended the lease for the Brookfield Shops program from three to five years.
The Village of Brookfield board voted Sept. 22 to establish a line of credit with the First National Bank of Brookfield not to exceed $1,500,000 to help manage cash‑flow while Cook County delays property tax bills. Trustees noted…
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