Local News

Flossmoor’s mid-fiscal year review highlights short-term improvements, long-term concerns

Flossmoor’s finances are trending better than budgeted for the current fiscal year, but the village’s short-term savings come with some concerns about long-term sustainability.

So says a fiscal year 2023 mid-year financial review delivered by Village Manager Bridget Wachtel on Monday, Feb. 20, to the Flossmoor Village Board. The village’s fiscal year runs from May 1, 2022, to April 30, 2023, meaning discussions of the FY24 budget are soon to follow.

“This is a good time to check in on how we’re progressing for the year and receive . . .

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