Flossmoor’s expenses are down and revenues higher than expected thus far in 2020, but while village officials are celebrating those short-term savings, concerns for the future remain.
Village Manager Bridget Wachtel presented Flossmoor’s Fiscal Year 2021 Mid-Year Financial Review during the Dec. 21 regular meeting of the board of trustees, analyzing trends from May 1-Oct. 31, 2020. The village is in a better position than expected, at least for now, she said.
“This is a short-term improvement compared to budget,” she said.
This is in contrast to . . .
You have reached content available exclusively to Homewood-Flossmoor Chronicle digital subscribers.