Village General (Operating) Fund Ended 2023 With a Positive!

Significant savings were realized with the moderate winter we saw in 2023 because we did not have to purchase as much salt as we budgeted for. We also saw excess interest income because of the higher-than-budgeted interest rates. Those two items along with miscellaneous other items allowed the Village to move $500,000 to the Capital improvement fund. This allows us to purchase the items we budgeted for in 2023-2024 without having to borrow. The Village will be going through the audit process next week with the hope of having the audited financial statements available by July.