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Oak Park Public Library Operating Budget Request
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Introduction
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The Oak Park Library has requested that the Village appropriate $4.5M for FY26 for use in funding the library's operating budget.
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Recommended Action
To understand how the Oak Park Public Library's request for $4.5M will be dispensed in FY26.
Prior Board Action
There is no prior board action associated with this specific item.
Background
The Oak Park Public Library has requested that the Village Board appropriate $4.5M to fund the operating budget of the Library for FY26. These funds will be used to cover staffing, operational costs, and programming offered by the library throughout the fiscal year.
Timing Considerations
As the library is preparing its fiscal year operating budget, the level of funding by the Village is critical for the continued operation of the library.
Budget Impact
The funding will be taken from the Village's general fund balance or the issuance of a tax anticipation warrant.
Staffing Impact
Lack of sufficient funding may impact the Oak Park Public Library headcount.
DEI Impact
The Oak Park Public Library provides critical support for Oak Park residents of all backgrounds. Without additional funding, the Library may have to reduce its services, which can have a disproportionate impact on residents without internet access at home, young residents, and lower-income residents.
Community Input
There has been no community input given in relation to this item.
Staff Recommendation
Authorize the Village Manager and Interim Chief Financial Officer to release $4.5M from the Village's general fund or the issuance of a tax anticipation warrant to the Oak Park Public Library for the FY26 by January 31, 2026.
Anticipated Future Actions
The Board can either release $4.5M from the Village's general fund or issue a tax anticipation warrant to the Oak Park Public Library by January 31, 2026.
Prepared By: Donna M. Gayden, Interim Chief ...
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