Author: Bill Jones

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[Read More…]

Flossmoor notes ‘strong fund balance’ but operating deficits in 5-year financial projections

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[Read More…]

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