Articles About 2026 budget
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Village Council approves 2026 budget with $558K deficit, but ‘strong’ cash reserves
At the group’s most recent regular meeting, Monday, Dec. 1, Village Council approved the 2026 municipal budget — one with a projected deficit of $558,100, with municipal expenses expected to outpace revenues.
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Village budget projected to be at $558K deficit for 2026
Village Finance Director Michelle Robinson said at Village Council’s second and final budget session, Oct. 15, that the projected municipal deficit for 2026 is around $558,100 — down from an earlier estimation of $820,000, and now accounting for several Council special initiatives.
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2026 budget sessions begin with projected $512k deficit
Though municipal discussions are still underway and budgetary cuts are already being made, the Village’s General Fund, as of press time, is projected to operate in 2026 with a deficit of around $512,000.
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