The Innsbrook Board of Trustees noted that the status of the village’s fiscal year 2025-2026 budget is generally positive during its meeting Feb. 19.
Board Chair Cynthia Bowers presented an …
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The Innsbrook Board of Trustees noted that the status of the village’s fiscal year 2025-2026 budget is generally positive during its meeting Feb. 19.
Board Chair Cynthia Bowers presented an overview of the budget during the board’s February meeting. Bowers said that as of Feb. 18 the village has recorded an income of $218,364. The village’s fiscal year runs from July 1, 2025 to June 30, 2026. She said that the budgeted revenues were originally estimated at $254,500, but with the new village hall, the board had no history of what expenses relating to the building would look like. She noted that all of the history of costs is now being built as the board discovers what they will need moving forward.
As of Feb. 18, expenses have been $94,136, for a net of $124,228.
Bowers told the board that she felt the village’s finances were in positive shape.
“We are on track,” Bowers said. “I think we will be ok.”
In response to a question from trustee Alice Jensen regarding whether the income includes property tax payments, Bowers said the village has received two property tax payments during the fiscal year.
The board also heard two presentations from security system vendors Tech Electronics and Freedom Security.
Both entities presented a proposal that involved camera installation at the village hall as well as security software for the camera system. Both companies provide a cloud-based option, which would allow for a longer storage time for video footage.
No vote was taken as the board wanted additional time to consider the two proposals. The matter will be considered during the board’s March 19 meeting.
The board approved several resolutions relating to noise permits for events in the community. The first was for the IBK Anniversary Party scheduled for May 23. The second was for Fourth of July fireworks in the village and third was for fireworks for New Year’s Eve.
Long-time Planning and Zoning Chair Allen Huddleston said he is stepping down from the position he has held for 25 years and he told the board a new board chair would be appointed prior to the April election.
