Fredonia remains ‘in the red’

Fredonia is still in a financial hole. The village’s general fund closed the 2024-25 fiscal year with a negative net income of $224,677, Treasurer Erlyssa LeBeau reported at Monday’s Board of Trustees meeting. Fredonia’s fund balance is “in the red,” as well. LeBeau reported it as minus $362,626. The $224,677 shortfall in the budgetary general…