Frankfort Village Board Meeting Graphic

Frankfort Approves $67.76 Million Fiscal 2027 Appropriation Ordinance

Spread the love

Frankfort Village Board Meeting | June 15, 2026

Article Summary: Following a public hearing, the Frankfort Village Board on Monday, June 15, 2026, passed an annual appropriation ordinance setting a $67,764,500 spending ceiling for fiscal year 2027.

Fiscal 2027 Appropriation Key Points:

  • The ordinance authorizes a maximum of $67,764,500 in spending for the fiscal year running May 1, 2026, through April 30, 2027.
  • The figure equals the village’s approved budget plus an additional 10 percent buffer for potential adjustments.
  • State law requires the village to adopt an appropriation ordinance within the first quarter of each fiscal year.
  • A required public hearing was held immediately before the regular meeting.

FRANKFORT — The Frankfort Village Board on Monday, June 15, 2026, adopted its annual appropriation ordinance for fiscal year 2027, establishing the legal maximum the village may spend during the year at $67,764,500. The board waived first and second readings and passed the ordinance on its consent agenda after holding the required public hearing earlier in the evening.

Finance Director Jenni Booth presented the ordinance at the June 1, 2026, Committee of the Whole meeting. As outlined in the packet, the Illinois Compiled Statutes require the village to adopt an annual appropriation ordinance within the first quarter of each fiscal year, and the ordinance sets a ceiling rather than a spending mandate. The corporate authorities determined that $67,764,500 was necessary to cover anticipated expenses and liabilities for the year that began May 1, 2026, and ends April 30, 2027.

That total reflects the village’s approved budget plus an additional 10 percent, a cushion intended to allow for potential adjustments in expenditures throughout the year. Officials noted that an appropriation ordinance is a routine but legally required annual step that does not itself authorize new spending beyond the adopted budget.

Notice of the public hearing was published in the Daily Southtown on June 3, 2026, and the proposed ordinance was made available for public inspection at Village Hall and the Frankfort Public Library, according to the packet. The public hearing was convened immediately prior to the regular meeting, and no separate discussion was recorded before the consent agenda vote.

Leave a Comment





Latest News Stories

Illinois Quick Hits: Police report drop in homicide rates in East St. Louis

Illinois Quick Hits: Police report drop in homicide rates in East St. Louis

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – State officials are crediting the Public Safety Enforcement Group for East St. Louis reporting its lowest number...
Colorado Legislature advances 'no tax on overtime' bill

Colorado Legislature advances ‘no tax on overtime’ bill

By Liam HibbertThe Center Square The Colorado Senate State, Veterans and Military Affairs Committee narrowly approved a bill that would remove overtime “add-back” taxes in response to federal overtime tax...
Convention of States rally pushes for fiscal restraint, limits on federal power

Convention of States rally pushes for fiscal restraint, limits on federal power

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A movement to restrain the federal government’s power and jurisdiction is pushing for more momentum in Illinois....
Illinois lawmakers push bipartisan energy choice package

Illinois lawmakers push bipartisan energy choice package

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A bipartisan group of Illinois lawmakers have introduced energy legislation to protect consumers from costs associated with...
Illinois Quick Hits: Chicago suffers credit rating downgrades

Illinois Quick Hits: Chicago suffers credit rating downgrades

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Two credit agencies have downgraded Chicago’s general obligations bond rating to BBB+. Fitch Ratings cited consecutive operating...
Meeting-Briefs

Meeting Summary and Briefs: Frankfort Village Board for February 17, 2026

Frankfort Village Board Meeting | February 17, 2026 The Frankfort Village Board met on Tuesday, February 17, 2026, to handle routine financial business and hear significant public testimony regarding regional...
Screenshot 2026-02-22 at 4.29.56 PM

Board Approves $479,000 Wireless Network Overhaul to Replace Aging Tech

Lincoln-Way District 210 Board of Education Meeting | February 19, 2026 Article Summary: The Board of Education approved a $479,526.96 contract with CDW to replace the indoor wireless access points...
Illinois quick hits: Guaranteed income for moms on Medicaid

Illinois quick hits: Guaranteed income for moms on Medicaid

By Jim Talamonti | The Center SquareThe Center Square Guaranteed income for moms on Medicaid Chicago Democrats have introduced legislation that would provide guaranteed income for new and expectant mothers...
IL can gag charter school operators over teacher unionization, judge says

IL can gag charter school operators over teacher unionization, judge says

By Jonathan Bilyk | Legal NewslineThe Center Square Illinois Democratic state lawmakers can constitutionally force charter school operators into silence when Democratic-allied teachers unions attempt to organize their workforces, under...
Consumer advocates, Illinois lawmakers target 'unnecessary' utility costs

Consumer advocates, Illinois lawmakers target ‘unnecessary’ utility costs

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Energy consumer advocates are urging support for legislation they say will save Illinoisans from paying for hidden...
Large taxpayer costs coming to Indiana or Illinois for new Bears stadium

Large taxpayer costs coming to Indiana or Illinois for new Bears stadium

By Jon Styf | The Center SquareThe Center Square (The Center Square) – Lawmakers in both Indiana and Illinois continue to jockey for position as the Chicago Bears request a...
Auditor general nomination approved unanimously in Illinois

Auditor general nomination approved unanimously in Illinois

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois taxpayers will soon have a new watchdog approved unanimously by the state Senate. Illinois Auditor General...
Parents could gain access to school discipline evidence under proposed bill

Parents could gain access to school discipline evidence under proposed bill

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois lawmakers are weighing legislation that would require public schools to share all evidence used to...
Illinois Democrats dispute Trump statements during State of the Union

Illinois Democrats dispute Trump statements during State of the Union

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says President Donald Trump spewed lies and attempted to gaslight the American people during...
Illinois Quick Hits: State taxpayers to help restore historic Chicago hotel

Illinois Quick Hits: State taxpayers to help restore historic Chicago hotel

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says $21 million in state capital funds will unlock more than $83 million...