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Regular Village Board meetings are typically held at 7:00 p.m., the first three Tuesdays of each month in Council Chambers of Village Hall (room 201), 123 Madison St. When a Regular Meeting falls on a holiday, the meeting typically is held the following night. The Village Board also meets in special sessions from time to time. However, dates and times of Special Meetings can vary and may change.

File #: ID 24-334    Name:
Type: Report Status: Regular Agenda
In control: Finance Committee
On agenda: 7/9/2024 Final action:
Title: A Discussion on the Proposed Property Tax Levy Policy
Attachments: 1. Village of Oak Park Tax Levy Policy
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Submitted By                     

Donna Gayden, Interim Chief Financial Officer 

 

Reviewed By

Erin E. Baynes, Assistant to the Village Manager.

 

Agenda Item Title

Title

A Discussion on the Proposed Property Tax Levy Policy

End

Overview

Overview

In 2018, the Village Board established an informal policy to cap the annual levy increase at 3%. This meeting will be a discussion of the Village’s Proposed Property Tax Levy Policy.

End

 

Recommendation

Recommendation

N/A

 

Background

None - report only.

 

Fiscal Impact

None - report only.

 

DEI Impact

N/A

 

Alternatives

N/A

 

Previous Board Action

N/A

 

Citizen Advisory Commission Action

N/A

 

Anticipated Future Actions/Commitments

N/A

 

Intergovernmental Cooperation Opportunities

N/A