Village revenue outpaces costs, but fund balance worsens
Fredonia Treasurer Erlyssa LeBeau offered a report on the village’s 2025-26 fiscal year at the most recent Board of Trustees meeting. Mayor Michael Ferguson called the report “Not always perfect, but certainly better than last year.” Fredonia’s main budget line, aka “general fund,” wound up in positive territory by $504,595. The village’s revenue was $9,011,886 and its expenses ran to $8,507,290, according to LeBeau. (Figures are rounded to the nearest dollar.) That represents a significant improvement over the 2024-25 closing total of minus $224,677. However, the ...