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Public Hearing on the Fiscal Year 2026 Tentative Annual Budget of the Village of Oak Park
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Introduction
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This a public hearing the Village’s FY 2026 tentative annual budget.
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Recommended Action
Hold the public hearing.
Prior Board Action
The Board has taken the following prior action(s):
• The Village held a public hearing for the FY25 budget on November 21, 2024 (ID-24-607).
• The Finance Committee has held multiple meetings and budget review meetings to date.
Background
The Village Board is required to hold a public hearing on the proposed budget for the coming fiscal year in order to receive public testimony regarding the recommendations. Attached is a copy of the proposed budget for FY25 which contains the consensus of the Finance Committee of the Village Board.
Timing Considerations
A newspaper notice was published setting this hearing for November 18. In order to accommodate a revised schedule for budget and levy consideration and approval, Staff requests the Village Board continue the hearing to December 2, 2025.
Budget Impact
The Board will be asked to consider the Proposed FY26 Budget for approval on December 9, 2025, at which time funds will be appropriated for the new fiscal year.
Staffing Impact
There is no staffing impact associated with this item. The item aligns with the department’s core service delivery.
DEI Impact
There is no DEI impact associated with this item.
Community Input
The Finance Committee has held multiple meetings to review and determine budget priorities. The Finance Committee also included a citizens’ advisory committee, made up of 3 residents.
Staff Recommendation
Conduct the hearing.
Alternatives
There are no alternatives to this action.
Anticipated Future Actions
It is anticipated the public hearing will be continued on December 2, 2025 at 7:00 pm. The FY26 Budget will be presented for adoption on Tuesday, December 9, 2026, along with all related tax levies and abatement ordinances.
Prepared By: Donna M. Gayden, Interim Chief Financial Officer
Reviewed By: Ahmad M. Zayyad, Deputy Village Manager
Approved By: Kevin J. Jackson, Village Manager
Attachment(s):
1. Village of Oak Park FY26 Proposed Budget
2. ERRATTA Sheet