Frankfort Village Board Adopts $59.4 Million Appropriation for Fiscal Year 2026
The Frankfort Village Board has formally set its maximum legal spending limit for the upcoming fiscal year, adopting a $59,366,900 appropriation ordinance for fiscal year 2026. The measure was passed as part of the board’s unanimous consent agenda during its Monday meeting.
The appropriation ordinance, a legally required annual procedure, was presented to the board following a public hearing held just before the regular meeting. The total amount reflects the village’s approved budget plus an additional 10.48% cushion, a standard practice to allow for potential adjustments in planned expenditures during the year.
Finance Director Jenni Booth first presented the ordinance to the Committee of the Whole on June 11. Trustee Gene Savaria summarized the item for the board, noting that the documents were made available for public inspection at Village Hall and the Frankfort Public Library prior to the vote.
The appropriated amount is spread across several village funds. According to the ordinance documents, the largest portion is the General Corporate Fund, with a total appropriation of 22,017,200. This fund covers major departments,including the Division of Law Enforcement (22,017,200. Thisfundcoversmajordepartments, including the Division of Law Enforcement (10,534,500), the Division of Public Works (4,832,400), and Garbage Disposal (4,832,400), and Garbage Disposal (2,371,700).
Other significant appropriations include $14,748,900 for the Capital Development Fund, which finances major infrastructure and community projects. The Water and Sewer Capital Fund is appropriated at $10,774,700, while the combined Sewer and Water Operation and Maintenance funds are set at over $9.2 million. The Police Pension Fund appropriation is $2,049,400.
The board also approved the payment of bills totaling $1,625,216.95. Trustee Maura Rigoni highlighted several notable payments within that total for public improvements, including work on the Nebraska Street bridges and the Prairie Park multi-use path rehabilitation project.
Latest News Stories
 Frankfort Library Overcharged Nearly $23,000 in Loan Payments Due to Wintrust Bank Error
 Frankfort Township Board Denies Liquor and Gaming Permits for Two Restaurants
 New Hires Approved for Summit Hill District 161
 Frankfort Park District Approves $131,500 for Park Upgrades and Master Plan
 Hunter Prairie Park Redevelopment Moves to Next Phase as Demolition Finishes
 Will County Board Approves New Fee Schedule for Recorder of Deeds
 Frankfort Fire District Explores Tax Referendum, Moves to Hire Outreach Consultant
 Summit Hill 161 Awards $115,905 Contract for Dr. Julian Rogus School Play Area
 Frankfort Fire District to Spend $92,000 on New Cardiac Monitors
 Frankfort Fire District Reviews Tentative Budget for Fiscal Year 2025
 Will County Board Formally Opposes Heavier, Longer Trucks on National Roadways
 Energy advocate applauds oil and gas commingling updates