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Village adopts 2026 fleet internal-service budget and 10-year replacement plan
Summary
Trustees approved Resolution 25-37 adopting the 2026 fleet internal-service fund budget, which includes a revised charge-out structure, telematics benefits, and a $2.1 million capital plan for vehicle replacements; staff projected a 10-year replacement need of about $18 million.
The Village Board approved the 2026 fleet internal service fund budget (Resolution 25-37) after a presentation by finance staff. The budget continues implementation of a matrix consulting group fleet study, introduced telematics to monitor idle time and maintenance, and refines the charge-out system by assigning maintenance costs to the departments that used the vehicles.
Staff described a proposed capital program of about $2.1 million for 2026, including lease buyouts, a bucket/bucket truck moved from 2025 to 2026 and various heavy-duty replacements. The 10-year replacement schedule was estimated at roughly $18 million. Trustees discussed cash-flow impacts, possible levy transfers used to cover prior short-term borrowing, and the potential need to slightly increase internal charge-outs to keep the fund balanced in future years. The board moved and approved the budget.
