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Village Council approves 2026 budget with $558K deficit, but 'strong' cash reserves
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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. In a memo to Council ahead of their meeting, the Village’s finance director, Michelle Robinson, noted that while the Village’s general fund and several enterprise funds are anticipated to go into deficit spending over the coming year, the V…
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