Flossmoor trustees got a look at the village’s five-year financial projections that showed positive improvements, as well as possible revenue enhancements to offset financial threats. Village Financial Director Ann Novoa and Village Manager Bridget Wachtel presented the projections to the board at the Oct. 20 board meeting for fiscal years[Read More…]
Tag: Flossmoor finances
Flossmoor looks at financial challenges ahead with five-year projection
Flossmoor is going to have to find a way to deal with some financial challenges in the coming years, and the idea of enacting a home rule tax to solve them is a nonstarter for the current Village Board. Those were the key discussion points Tuesday, Jan. 19, during a[Read More…]
Flossmoor recognized for excellent financial reporting 40 years straight
Four straight decades of precise and transparent financial reporting in Flossmoor have not gone unnoticed, and they have saved residents thousands in tax dollars, officials say. The Government Finance Officers Association (GFOA) has awarded the village a certificate of achievement for excellence in financial reporting for its fiscal year 2017[Read More…]
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