Homewood board approves $3.3 million transfer to fund capital projects

The Homewood Village Board on Tuesday approved the transfer of $3.3 million from the village’s General Fund to the Capital Projects Fund to help pay for upcoming infrastructure and capital improvements.

According to Homewood Director of Finance Amy Zukowski, the funding comes from the village’s unassigned fund balance and will support capital projects planned for fiscal year 2026-2027.

The transfer is permitted under the village’s amended Fund Balance Policy, which was approved by the board…