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Lazy Lake council adopts tentative FY2025–2026 budget; compensation discussion deferred
Summary
The council approved a tentative FY2025–2026 budget (Resolution 25-03) by a 3-0 vote and discussed possible council compensation or expense allowances; specific compensation amounts were left for discussion at a future meeting.
The Village of Lazy Lake council approved a tentative budget for fiscal year 2025–2026 at its public budget hearing on Sept. 11, 2025, passing Resolution 25-03 by a 3-0 vote, the meeting minutes show. The motion to adopt the tentative budget was seconded by Council Member William Daugherty; the transcript does not identify the member who moved the resolution.
During discussion of Resolution 25-03, council members considered providing compensation or an expense allowance for council members. The minutes say “different amounts were considered for Council Members, the Council President, and the Mayor,” and that the issue will be addressed again at the next scheduled council meeting; no final compensation amounts or policies were adopted at this hearing. Marcia Fennel, the village financial consultant, is listed as present during the meeting and would presumably assist with budgetary implications at future meetings.
The minutes record the action as a tentative adoption; the resolution also directs administrative steps related to preparing the final budget and scheduling a final public hearing. The transcript does not contain dollar-line items or the specific budgets associated with the tentative adoption.
