Jul 27, 2026BoardMeeting
BoardVillage of Lincolnwood Finance Committee Meeting Agenda
The committee meeting addressed the Fiscal Year 2025 financial status, highlighting actual results compared to the budget. The agenda included a mid-year status update for Fiscal Year 2026, a discussion on Fiscal Year 2027 financial policies, and an evaluation of cash flow needs related to various grant-funded projects. Specifically, the committee reviewed potential approaches to managing cash flow challenges, such as advancing funding from reserves or pursuing short-term financing, and received updates on property tax levies, parks and recreation funds, and long-term financial forecasts.