Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Board adopts 2026 wage and equipment rates used for billing and build-back work
Summary
The board adopted 2026 "loaded" wage and equipment rates (loaded = salary + benefits + 15% administrative fee) used for billing developers and village build-back repairs; trustees questioned the timing of the update but staff said build-back incidents required contemporary rates.
The village adopted its 2026 wage and equipment rate schedule, which staff described as "loaded" rates that include salary, benefits and a 15% administrative fee. Staff explained the schedule is typically adopted in February; it was delayed this year and includes rates used to bill for build-back repairs (for example, when the village must rebuild infrastructure following accidents).
Trustees questioned whether adoption could be postponed to 2027; staff said 2026 build-back incidents had already been billed and that the schedule needs to be current for accurate billing. Staff confirmed that incidents that occurred in April 2026 will be reflected in the 2027 annual report and that the present action updates the schedules used for developer billing and repair invoicing. Roll call recorded the motion carried with two trustees recorded as opposed.
