Treasurer reports November shortfall: General Fund down $170,000

Dec 2, 2025

Treasurer Maureen Gumowski reported November 2025 results: General Fund revenues $433,000 vs expenditures $603,000 (a $170,000 deficit); Water Fund net +$61,000; Capital Improvements net +$112,000. Well #7 bond funds are depleted and $10,000 will be charged to the Water Fund.

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Village Treasurer Maureen Gumowski presented the November 2025 financial report. She stated that General Fund revenues were $433,000 and expenditures $603,000, a shortfall of $170,000; expenditures included Salary & Benefits of $344,000 and insurance of $155,000. The Water Fund showed revenues of $173,000 against expenditures of $112,000 (a surplus of $61,000); Treasurer Gumowski also said Well #7 bond funds are depleted and $10,000 in payments will come from the Water Fund. Capital Improvements reported revenues of $206,000 and expenditures of $94,000 (net $112,000); Mulford & Linden Road expenditures were noted with Motor Fuel Tax assistance of $150,000 and an expenditure line of $53,000.

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