River Forest uses reserves to balance the village’s budget

oakpark.com

River Forest uses reserves to balance the village’s budget

Covering nonrecurring expenditures with reserves for the second year in a row allowed River Forest officials to present a balanced general fund budget for Fiscal Year 2025 at the April 8 Village Board meeting.  Estimated total revenues for FY2025 are $20,505,784, up from $19,299,655 in FY2024. Estimated total expenditures for FY2025 are $20,922,908, up from $20,116,778 in FY2024. A deficit of $417,124 is due to $450,461 in nonrecurring expenditu…