Flossmoor’s forward-looking five-year financial analysis comes with some good news but also some concerns about a budgeted operating deficit that could become a trend.
Village Manager Bridget Wachtel presented Flossmoor’s five-year projections on Monday, Feb. 6, to the village board. The five-year outlooks are put together every two years, and this year’s report projects fiscal years 2023-2028.
“As part of our long-range financial planning, a lot of key decisions have come out of this work … on how to sustain and secure our financial future,” Wachtel said . . .