Frankfort Board OKs 2027 Budget

FRANKFORT, IL — At its Monday meeting, the Frankfort Village Board approved its fiscal year 2027 budget, with revenues of $45,413,200 and expenditures of $61,836,900.

"We start this [budget] process early with staff, and we work through the winter and early spring," Mayor Keith Ogle said. "And back in February, the Board members, we all met, to go over and make sure our priorities are aligned for this, and that we're providing the best services we can for Frankfort."

Projected expenditures are higher than the projected revenues in this year's budget. According to Board documents, "this planned use of reserves reflects the Village's continued investment in long-term infrastructure and capital improvements."

Board documents share some key capital initiatives in the proposed budget, including: construction of the Pfeiffer Road multi-use path, replacement of the Aberdeen Road bridge, a new roof for the police station, path connection to Stone Creek subdivision, a new storage garage at 2 Smith St., and the repainting of the Arrowhead bridge.

The budget also includes costs of various water and sewer improvements, street resurfacing, and vehicle and equipment replacements.