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
Census shows Illinois under-20 population declining faster than national average
U.S. launches ‘powerful strikes’ against Iran, halts oil sales
Trump praises Erdoğan, pressures Europe on NATO and defense
Installation of Big Bend border wall set for August in Texas
Chicago mayor to Trump: “Consider this a call”
Chicago aldermen latest calling for US attorney’s ouster over ‘Broadview Six’ case
Trump demands Republicans attach voter ID bill to $350 billion for Pentagon
Appeals court hears arguments in religious contraception case
Illinois Quick Hits: New round of EV charging funds announced
Arrests made during operation targeting India-based gangs
Seven more counties consider separation, creating new state
DHS: Minnesota pardon could ‘thwart’ deportation of criminal illegal