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Board approves $11,901.25 reimbursement from TIF to Motor Fuel Tax fund
Summary
Clerk Ries explained that FY2026 street work exceeded the approved MFT resolution amount; trustees approved reimbursing the Motor Fuel Tax Fund $11,901.25 using TIF funds to cover the overage.
Clerk Ries explained the necessity of reimbursing the Motor Fuel Tax (MFT) Fund $11,901.25 for FY2026 street work that exceeded the approved MFT resolution amount and had been paid to Pavement Maintenance.
Trustee Corwin moved and Taylor seconded a motion to reimburse the MFT Fund using TIF funds; the board voted AYES Adams, Corwin, Price and Taylor and the motion carried 4-0. The minutes note the specific amount of $11,901.25 and the funding source as TIF funds.
