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Village finds $17,000 Monsanto 'roundup' settlement funds in general fund; board to designate use
Summary
Finance committee located about $17,000 from a prior class‑action settlement that was deposited to the general fund in April 2023; trustees said the village will seek to designate or return the funds appropriately and staff anticipate state assistance to recover adjustments.
Village finance staff told trustees they found approximately $17,000 from a class‑action settlement related to the pesticide 'Roundup' that was deposited to the general fund in April 2023 and never assigned to a program or account.
A trustee summarized the finding during the budget discussion: "We received a check for 17,000 some odd dollars and some odd cents...and it's there." Finance members said the deposit has not been allocated and that village records show the check was issued to the village rather than an individual claimant. The discovery prompted questions about how and where the funds should be designated.
Board members said the state has indicated it is willing to return misreported amounts when reconciliations are completed. One trustee noted the state told them the $17,000 would be returned in November 2025 if required filings and corrections are completed.
Separately, trustees reported a $7,000 police grant and other miscellaneous deposits also had been sitting in the general fund rather than the intended accounts. Board members described additional unaccounted cash and receipts found by staff and volunteers; finance pledged to categorize and reassign those funds as part of the ongoing reconciliation work.
The board did not take separate formal action specifically approving a use for the $17,000 during the meeting; members said the reconciliation and audit work would clarify whether funds should be designated, reallocated or otherwise handled in line with statutory guidance.
