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Finance committee warns departments to trim FY 2026–2027 budgets

Village of Loami Board of Trustees · February 1, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Trustee Courtney Schmideler said the proposed FY 2026–2027 budget requires departmental reductions to align with projected revenue; next steps include meetings with department chairs to identify adjustments.

Trustee Courtney Schmideler told the board she met with Clerk Carissa Grider, Treasurer Brad Colantino and Mayor Steven Lambert to review the proposed Fiscal Year 2026–2027 budget. She said each department will need to reduce its proposed budget to align with projected revenue.

Schmideler said the committee’s next step is to meet with department chairs to review proposed budgets and discuss necessary adjustments. The board did not take formal action at this meeting; the matter will return for further consideration as departments revise spending plans.

Trustees indicated the review is preliminary and focused on aligning expenditures to revenue projections rather than identifying specific line-item cuts during the Feb. 12 meeting.