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Village finance staff reports $1.01 million year-to-date net income; board reviews invoices and $238,552 in payables
Summary
Finance staff reported year-to-date net income of $1,014,659 compared with $31,000 at the same point last year, cited sales and use tax increases and transfers; trustees reviewed invoices and a proposed $238,552.43 accounts-payable disbursement dated 04/07/2026 (vote not recorded in provided segments).
A finance staff member reported that the village’s year-to-date net income is $1,014,659, up from $31,000 at the same point last year. The staff member attributed much of the increase to a combination of transfers and higher sales and use tax receipts, and cautioned that some items are affected by one-time or extraordinary items.
During the finance report staff listed specific invoices: multiple charges to a double‑A service company ($79, $3,175, $200.13 and $249.75), two small plumbing invoices ($4.99 and $1.65), a $750 invoice from GPRS related to "Gas Lake," and a $2,196.38 invoice from State Graphics for the spring newsletter. The finance presenter identified depreciation of $86,000 as a noncash expense that influences net figures.
The Chair presented accounts-payable reports dated 04/07/2026 and moved to pay bills totaling $238,552.43. The transcript provided does not record the subsequent vote or final action on that motion within the segments supplied.
