Legislation Details

File #: 260323    Version: 2 Name:
Type: Ordinance Status: Passed
File created: 8/13/2026 In control: Village Board of Trustees
On agenda: Final action: 9/3/2026
Title: Ordinance Amending the Village's Fiscal Year 2026 Budget Ordinance Ordinance amending the FY 2026 Budget by $4,850,000 for 2025 Year-End Waterfall transfers to the Emergency Reserve ($184,678.30), Revenue Stabilization Reserve ($129,277.81), and Building Reserve Fund ($4,536,043.89). Waiver of first reading is requested. (2/3 vote of Corporate Authorities required)
Attachments: 1. BOT_9-3-26_Leg#260323_2026 Budget Amendment Ord.pdf, 2. Ordinance 8476 Amending Section 8-2-9.6 Budget Ordinance, 3. 260323 Signed Cover Page
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
9/3/20262 Village Board of Trustees waived of first reading and passed on second reading with suspension of the rulesPass Action details Meeting details Video Video

Title

Ordinance Amending the Village's Fiscal Year 2026 Budget Ordinance

Ordinance amending the FY 2026 Budget by $4,850,000 for 2025 Year-End Waterfall transfers to the Emergency Reserve ($184,678.30), Revenue Stabilization Reserve ($129,277.81), and Building Reserve Fund ($4,536,043.89).  Waiver of first reading is requested.  (2/3 vote of Corporate Authorities required)

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