Frankfort Approves $1.3 Million in Bills, Including Annual Insurance Payment
The Frankfort Village Board authorized over $1.3 million in payments at its meeting Monday, with nearly half of the total amount covering the village’s annual insurance premiums.
Trustees unanimously approved the schedule of bills totaling $1,308,224.37. Trustee Adam Borrelli explained the composition of the substantial figure, highlighting the largest single expenditure.
“About half of that is our payment to SWARM, which is our basically our insurance payment for general liability, property, and workman’s comp,” Borrelli said. “And that total is $645,490, and again that payment is for the entire year.”
The remainder of the approved bills covered operational costs across several village funds. According to the meeting’s financial documents, disbursements included $784,236.59 from the General Corporate Fund, $236,909.37 from the Capital Development Fund, $238,533.06 for Sewer and Water Operations and Maintenance, and $48,545.35 from the Sewer and Water Extension Fund.
The approval of the bills was part of the board’s unanimous consent agenda, which includes routine items that are passed in a single vote without separate discussion.
Latest News Stories
Illinois quick hits: Pritzker signs crypto regulations
Trucking industry leader: New law may drive business out of Illinois
Derailment disrupts train service for Chicago, New York, Washington, Miami
Democratic candidates focus on national politics in campaign for U.S. Senate
Chicago posts fewest homicides since 2016, arrests rate also declines
Illinois quick hits: Prosecutors charge two more in Tren de Aragua case; Senate Energy and Public Utilities Committee meets today; Illinois Little League team loses in World Series
Report: Human Rights Campaign pressures transgender procedures on minors
Everyday Economics: Housing market and Fed policy in focus in the week ahead
Executive Committee Considers $12,000 Strategic Planning Initiative with University of St. Francis
Businesses brace for new tax challenges amid global tariff focus
Illinois takes over health insurance marketplace in 2026 amid skepticism
WATCH: IL state reps challenge IEMA-OHS responses to local agencies
Judge expands restraining order against ‘Beto’ O’Rourke, adds ActBlue