Fiduciary funds are used to account for assets held by the Village in a trustee capacity. They are accounted for in essentially the same manner as proprietary funds since capital maintenance is critical. The pension trust are the fiduciary funds of the Village.

An expendable trust fund was established for working cash. According to Illinois state statues, "a working cash fund may be created, set apart, maintained, and administered for the purpose of enabling the municipality to have in its treasury at all times sufficient money to meet demands thereon for ordinary and necessary expenditures for all general and special corporate purposes." The Comprehensive Annual Financial Report (CAFR) includes the combined financial statements of all funds.