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Trustee Forte presents proposed 2026–27 village budget totaling $1.055 million; hearing closed with no public comment
Summary
Trustee Forte presented the village's proposed 2026–27 budget: $823,699 for the general fund, $231,535 for the water fund, and a proposed $390,000 property tax levy; the public hearing closed after no public comments and a procedural motion carried.
Trustee Forte delivered the presentation for the proposed 2026–27 village budget and summarized the two funds that make up the plan. "Our budget this year, which starts 06/01/2026, ends 05/31/2027," he said, and described $823,699 in proposed general-fund expenditures alongside $231,535 for the water fund.
Forte outlined revenue sources and balances: $323,699 in expected revenues to the general fund, a proposed appropriation of $110,000 from unrestricted fund balance, and a proposed $390,000 property tax levy. He noted the water fund anticipates $224,182 in fee revenue and a $7,353 draw from its unexpended fund balance. After the presentation the chair opened the floor for public comment, no one spoke, and the chair moved to close the hearing; the motion was seconded and carried.
