Frankfort Approves $1.3 Million in Bills, Including Annual Insurance Payment
The Frankfort Village Board authorized over $1.3 million in payments at its meeting Monday, with nearly half of the total amount covering the village’s annual insurance premiums.
Trustees unanimously approved the schedule of bills totaling $1,308,224.37. Trustee Adam Borrelli explained the composition of the substantial figure, highlighting the largest single expenditure.
“About half of that is our payment to SWARM, which is our basically our insurance payment for general liability, property, and workman’s comp,” Borrelli said. “And that total is $645,490, and again that payment is for the entire year.”
The remainder of the approved bills covered operational costs across several village funds. According to the meeting’s financial documents, disbursements included $784,236.59 from the General Corporate Fund, $236,909.37 from the Capital Development Fund, $238,533.06 for Sewer and Water Operations and Maintenance, and $48,545.35 from the Sewer and Water Extension Fund.
The approval of the bills was part of the board’s unanimous consent agenda, which includes routine items that are passed in a single vote without separate discussion.
Monee Events
Latest News Stories
Will County Committee Grapples with $8.9 Million Budget Gap After Contentious 0% Tax Levy Vote
Frankfort Township Board Objects, but County Commission Recommends Bar with Video Gaming
Senior Shared Housing Facility Recommended for Approval in Crete Township
Crete Township ‘Tiny Home’ Owner Appeals Permit Denial
Will County Finance Committee Forwards 1.75% Compromise Property Tax Levy to Full Board
Will County Committee Denies Appeal for Crete Township ‘Tiny Home’ Permit
Will County Committee Grants Extensions for Crete, Washington Township Solar Projects
County Sales Tax Revenues Strong, Cannabis Funds Dispersed to Community Programs
New Lenox to Host Large Pollinator-Friendly Solar Farm
JJC Receives Clean Audit, Reports $21.6 Million Increase in Net Position
Committee Advances Special Use Permit for Used Car Dealership in New Lenox Township
Executive Committee Approves Appointments for Washington Township, Emergency Telephone Boards