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Board records modest revenue increases, cuts interfund transfer tied to Village Hall work
Summary
The Village recorded small increases to Park & Rec charges and interest, and cut a $49,000 interfund transfer because repointing work on the Village Hall will finish in the current fiscal year.
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The board logged incremental revenue increases in the General Fund during its April 2 review: A2001 Park & Rec Charges was increased by $2,000, A2401 Interest by $3,000, and A2610 by $3,700. These adjustments were entered into the Tentative Budget as operating revenue updates.
A5031 (Interfund Transfer) was decreased by $49,000 because the repointing of brick on the Village Hall is expected to be completed in the current fiscal year, reducing the need for transferred funds in FY2025–26. The minutes state that this change reflects the project's timing and not a change to the Village Hall scope.
