Hampshire, Illinois · Civic reference
Hampshire village budget and actual spending: FY2026.2
Hampshire’s FY2026.2 budget covers May 1–December 31, 2026: eight months. The reviewed General Fund report shows $3,038,370 in revenue and $1,392,739 in expenditure through July 31. Those interim figures are not a full-year surplus or audited results.
Verified through October 4, 2026; actual-spending period ends July 31, 2026. This guide compares the village’s original budget document with a later management report. The tables cover the main General Fund, excluding the separately reported General Fund subfunds. They are not totals for every village fund.
What period does Hampshire’s FY2026.2 budget cover?
The FY2026.2 budget cover specifies May 1 through December 31, 2026. That is eight months. The village’s general budget webpage describes a May–April cycle, but the dates on this particular budget control this comparison.
The April 9, 2026 adopted minutes, item 9(a), record approval of budget ordinance 26-23. “FY2026.2,” a calendar year and a twelve-month fiscal year should not be treated as interchangeable labels.
| Record | Period or role | How to use it |
|---|---|---|
| FY2026.2 original budget | May–December 2026 | Planned resources and spending for eight months |
| General Fund report in September 17 packet | Three months ended July 31, 2026 | Interim budget-to-actual comparison |
| Annual financial report | Use the period printed on the specific report | Separate audited results from current management reporting |
How much had the General Fund received and spent?
The September 17 packet, PDF page 93, presents these figures:
| Main General Fund measure | Year-to-date budget | Actual through July 31 |
|---|---|---|
| Revenue | $2,898,291 | $3,038,370 |
| Expenditure | $2,888,386 | $1,392,739 |
| Administration expenditure | $506,964 | $389,210 |
| Police expenditure | $1,169,618 | $706,201 |
| Street expenditure | $1,202,271 | $291,734 |
The three department rows are selected components of expenditure; smaller departments are included in the total but not separately shown here. Do not add these components again to the total.
Revenue less expenditure is $1,645,631, calculated from the displayed actuals. That is an interim operating difference, not a claim about unrestricted cash, a finished-year surplus or money available for tax reductions. Payments and receipts occur at different times. This table alone cannot establish why a department is below its year-to-date budget.
Why do the original and later reported budgets differ?
| Main General Fund | Original FY2026.2 budget | Total budget shown in July actuals report | Difference |
|---|---|---|---|
| Revenue | $7,633,777 | $7,728,777 | +$95,000 |
| Expenditure | $7,607,364 | $7,702,364 | +$95,000 |
| Revenue less expenditure | $26,413 | $26,413 | $0 |
Original figures: budget PDF page 12, printed page 11 of 47. Later figures: the management report linked above. Differences are our arithmetic comparisons, not an additional village statement.
Reconciliation not located: The matching amendment, transfer or explanatory entry behind this change was not identified in the records reviewed. This is a specific follow-up question, not evidence of unauthorized spending. A useful response would identify the action date, account lines and revised budget schedule.
What does this tell me about taxes or capital projects?
A budget allocation, a contract award and a paid invoice answer different questions. This guide does not infer a household tax bill or a project’s final cost from an appropriation. For tax districts and parcel records, use the Hampshire property-tax guide. For service charges, use the water and sewer guide.
To evaluate a major project, connect its approved scope and award to change orders, invoices and final acceptance. Our road tracker and development tracker provide project starting points.
What we know and what is still unknown
The fiscal-period dates, original General Fund totals and three-month actuals are documented. August–October actuals, the $95,000 reconciliation, project-level final costs and an audited result for the unfinished FY2026.2 period are not established here.
The annual financial-report archive is the place to check audited statements. A records request through the village FOIA process can name the missing budget amendment or dated ledger report precisely. No request has been submitted on readers’ behalf.
Frequently Asked Questions
Is Hampshire’s FY2026.2 budget a full year?
No. Its cover specifies May 1–December 31, 2026, an eight-month period. Avoid a simple percentage comparison with a twelve-month total.
Does lower spending through July mean permanent savings?
Not necessarily. Timing, unfinished work and later obligations can affect an interim comparison. The reviewed table does not resolve those causes.
Are these figures all village spending?
No. They cover the main General Fund and exclude the separately listed subfunds and other village funds.
Is the $95,000 difference proof of an improper increase?
No. The two documents show different totals, but the explanatory action was not located. Establish the reconciliation before drawing a conclusion.
Update log and related coverage
October 4, 2026: Published the fiscal-period crosswalk, original/reported budget comparison and July actuals. Next review should seek later monthly actuals and the matching budget-change record. Future dates will identify both the review date and the accounting period.
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Phase 3 connections
For named contracts and payment evidence, see the Well 13 and treatment-plant cost tracker.
For project fees, see the permit guide.