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Waite Hill council adopts 2026 budget after brief public hearing
Summary
The Waite Hill Village Council adopted Resolution No. 2025-7 to approve the fiscal year 2026 budget following a public hearing with no speakers; the council also adopted a payments resolution and heard a finance report showing one‑time expenses and a projected long‑term fund decline.
The Waite Hill Village Council adopted the fiscal year 2026 budget on June 9, 2025, after a public hearing at which no one spoke. Mayor Ryan W. Cox opened and closed the hearing at 8:02 a.m., and Council subsequently adopted Resolution No. 2025-7, "A Resolution approving and adopting the budget for the Village of Waite Hill for fiscal year 2026." Karl Scheucher moved for adoption and Richard Steudel seconded; the roll call vote was unanimous.
The adoption followed committee reports and a finance briefing showing the village’s current revenue and expense picture. The Finance Committee reported first‑half property tax collections of $781,558 and total fund balances of $8,676,209 as of the report. Committee materials noted total revenue for May of $54,634 and total expenses for the month of $164,527, including extraordinary expenses of $51,754 for salt shed repair and outfitting a new police cruiser. Interest income was reported at $32,685 for the period. The committee’s funds forecast projects a gradual decline in total funds over the coming decade.
Resolution No. 2025-7 was adopted by unanimous roll call. Council did not receive comments from residents during the public hearing; the budget and related committee materials are incorporated into the meeting minutes and appended finance reports.
