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Board approves $574,282 transfer to General Capital Fund
Village of Lake Villa Village Board · April 6, 2026
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Summary
Trustees approved Ordinance 2026‑04‑02 to move $574,282 from the General Fund into the General Capital Fund to support capital projects in FY2027.
The Village Board unanimously approved Ordinance 2026‑04‑02 authorizing the transfer of $574,282 from the General Fund to the General Capital Fund. Trustee Savell made the motion and Trustee McCollum seconded; the roll call vote was recorded as AYES: 6 and the motion carried.
Finance Director Christine McKinley was present during the discussion of the FY2027 capital plan that this transfer is intended to support. No amendments or dissent were recorded in the meeting minutes.
