frankfort village hall graphic logo.2

Frankfort Village Board Adopts $59.4 Million Appropriation for Fiscal Year 2026

Spread the love

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

Watchdog; Bill mandating more reporting from tax-exempt hospitals 'common sense'

Watchdog; Bill mandating more reporting from tax-exempt hospitals ‘common sense’

By Thérèse BoudreauxThe Center Square Thousands of hospitals subsidized by American taxpayers could face heightened fiscal scrutiny under new legislation heading to the U.S. House floor. Currently, nonprofit hospitals must...
New statewide tenant law signed; Chicago seeks to push further

New statewide tenant law signed; Chicago seeks to push further

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker signed a law into effect that lawmakers say intends to increase renter protections...
Illinois Quick Hits: 179 charged in 'badgeless' federal enforcement

Illinois Quick Hits: 179 charged in ‘badgeless’ federal enforcement

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – U.S. Attorney for the Northern District of Illinois Andrew Boutros says 179 people have been charged in...
Trump defies severe storms to deliver late-night ‘America 250’ speech

Trump defies severe storms to deliver late-night ‘America 250’ speech

By Carleen JohnsonThe Center Square President Donald Trump delivered a weather-delayed speech Saturday highlighting American exceptionalism while warning of the growing threat of rising democratic socialism and communism movements as...
Funeral ceremonies begin for Iran's Khamenei amid fragile ceasefire

Funeral ceremonies begin for Iran’s Khamenei amid fragile ceasefire

By Elyse ApelThe Center Square Hundreds of thousands of Iranians gathered Saturday to begin a days-long funeral for Supreme Leader Ayatollah Ali Khamenei. Large crowds converged on Tehran to pay...
Two cities cancel Fourth of July parades amid record-breaking temperatures

Two cities cancel Fourth of July parades amid record-breaking temperatures

By Elyse ApelThe Center Square As a record-breaking heat wave sweeps across the central and eastern United States, two cities central to American independence have canceled July 4 celebrations. Philadelphia...
Critics skeptical of YMCA’s diversity statement removal

Critics skeptical of YMCA’s diversity statement removal

By Tate RosentreterThe Center Square Following criticism, the YMCA removed its online diversity, equity and inclusion statement that made reference to gender identity, with a parents advocacy group warning the...
Ex-security officials thank Pritzker for not deploying Guard to America’s 250th

Ex-security officials thank Pritzker for not deploying Guard to America’s 250th

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A group of 19 former national security officials signed a letter to Illinois Gov. J.B. Pritzker, thanking...
Biggs: H.R. 1 tax cuts to boost Arizona’s economy

Biggs: H.R. 1 tax cuts to boost Arizona’s economy

By Zachery SchmidtThe Center Square Saturday marks the one-year anniversary of President Donald Trump signing the One Big Beautiful Bill Act, which features tax cuts that an Arizona congressman says...
WATCH/EXCLUSIVE: America 250 celebrates civics education

WATCH/EXCLUSIVE: America 250 celebrates civics education

By Esther WickhamThe Center Square As the United States marks the 250th anniversary of the Declaration of Independence, the U.S. Department of Education and a coalition of organizations launched a...
OMB says fraud losses 'in the hundreds of billions' annually

OMB says fraud losses ‘in the hundreds of billions’ annually

By Brett RowlandThe Center Square The Biden administration called the government's only estimate of annual fraud losses "not plausible." Now, the Trump administration says fraud costs taxpayers hundreds of billions...
National security group report questions Environmental Law Institute's China ties

National security group report questions Environmental Law Institute’s China ties

By Tom JoyceThe Center Square A national security group wants Congress to investigate the Environmental Law Institute. The group says the nonprofit helped shape climate lawsuits against American energy companies...
America’s 250th: Fireworks, fairs and festivals planned in nation's capital

America’s 250th: Fireworks, fairs and festivals planned in nation’s capital

By Morgan SweeneyThe Center Square The federal government has planned a day packed with events commemorating the nation's highly anticipated 250th birthday, including an address from President Donald Trump before...
Millions under extreme heat warning for July 4th weekend

Millions under extreme heat warning for July 4th weekend

By Elyse ApelThe Center Square As Independence Day celebrations kick off, millions of Americans in much of the central and eastern United States are under extreme heat warnings. More than...
Trump to cut solar, wind subsidies on July 4th

Trump to cut solar, wind subsidies on July 4th

By Andrew RiceThe Center Square The Trump administration is set to cut subsidies for new solar and wind power projects on Saturday. Estimates suggest the subsidies have cost taxpayers more...