Legislation Details

File #: 26 -331    Version: 1
Type: Memorandum Status: Agenda Ready
File created: 7/10/2026 In control: Board of Trustees
On agenda: 7/16/2026 Final action:
Title: Review of the June 2026 Village Treasurer's Report and Golf Financial Report
Attachments: 1. June 2026 Village Treasurers Report and Golf Financial Report Cover, 2. Treasurers Report - June 7.07.2026, 3. Finance Report 7.8.2026 MES, 4. June 2026 Glencoe Golf Club Financial Reports

Agenda Item:

title

Review of the June 2026 Village Treasurer's Report and Golf Financial Report

memo

Staff Contact:  Margaret Schwarz, Assistant Chief Financial Officer

Purpose and Actions Requested:  June 2026 Village Treasurer's Report and Golf Financial Report

Budget Impact: Not Applicable

Strategic Priority Addressed:  Economic Vitality  

body

 

BACKGROUND AND ANALYSIS

Attached for review is the June Treasurer’s Report for Calendar Year (CY) 2026, the sixth report for the fiscal year. This month’s report includes audited beginning fund balances. Components included in this report include 1) Cash Flow Projections and Reserve Monitoring and 2) Revenue trends for Property and Sales Taxes and a dashboard report from PMA Financial, the Village’s investment advisor, which reflects the General Fund investment portfolio performance as of June 30, 2026. This summary also highlights revenue and expenses in the Village’s main operating funds, most notably the General and Water Funds. As a reminder, the financial summary of capital expenditures related to the 10-Year Community Investment Program has been added to this report.

ATTACHMENTS

1.                     June 2026 Village Treasurers Report and Golf Financial Report