Peoria Standard

City of Lewistown Finance Committee met March 11.

Here are the minutes provided by the committee:

FINANCE COMMITTEE MEETING

Lewistown City Hall at 1:00 p.m.

COMMITTEE MEMBERS: Alderperson Chairman Sally Clark, Alderperson Brad Ward, was present also present Evinn Palmer, Chris Ford, Beka Schultz, City Clerk Cindy Goddard and Administrative Assistant Natalie Nelson, ABSENT: Alderperson John Spotloe, Mayor Doug Lafary

BUSINESS TO DISCUSS - Budget FY26

Beka Schultz accountant has met with the department heads regarding projects, capital items, utilities, and went over funds, MFT funds on hold right now. This meeting is for what will be presented to the council. April 22 is latest scheduled meeting to OK the budget. It has to be available to public for 30 days to view if want. Estimated income for General Fund is $1,042,980.00. Increases across the board for employees was figured at 2 %% so looking at $13,384.07 total and 4% $21,414,51 total across the board without the police and summer part- time help. Discussion of sample budget to place. General Fund does have around $4,000,000,00 in it. So for Deficit of $343,972.00 for General fund, Water Fund Deficit of $243,950.00, Waste Water deficit of $61,050.00.

Recommendation of 4% rise across board to the city council. Adjourned 1:36 p.m. by Chairman Sally Clark.

FINANCE COMMITTEE MEETING

Lewistown City Hall, 6:15 P.M.

COMMITTEE MEMBERS-- Sally Clark Chairman, Alderperson John Spotloe, Brad Ward, and Mayor Doug Lafary. Absent Alderperson John Spotloe.

BUSINESS TO DISCUSS - Budget FY26

Committee met previously at 1:00 p.m. today. Chief Ford lowered his budget by $10,000.00. City Wide revenue is $3,102,802.00, with a total deficit of $645,213.00. Paper was handed out for the total for pay increases, of 2.5% is $13,384.07, or 4% is $21,414.51 city wide.

Meeting adjourned at 6:23 p.m. by Chairman Sally Clark, second by Brad Ward.

https://lewistownillinois.org/wp-content/uploads/2025/03/March-11th-Approved-Mins.pdf