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Shorewood staff presents annual appropriations ordinance; public hearing and second read set for June
Summary
Finance staff presented the annual appropriations ordinance for fiscal year 04/01/2026–03/31/2027, saying the total operating budget across funds is $69,084,122 and the proposed appropriation (including a 25% contingency) is $86,355,154; the board will hold a public hearing and second reading at its first June meeting.
Miss Burkholder, village staff, presented the annual appropriations ordinance as a housekeeping but legally required document that establishes the village's legal spending authority. She said the ordinance adds a 25% cushion to budget figures to provide legal appropriation room for unforeseen items while the operational budget remains the actual spending limit.
"The total budget for all funds put together is $69,084,122 which would make our proposed appropriation $86,355,154," Burkholder said. The village will publish a public hearing and hold the ordinance's second read at the board's first meeting in June; no questions were raised during the presentation.
