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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 25-628    Name:
Type: Report Status: Consent Agenda
In control: Finance Committee
On agenda: 10/23/2025 Final action:
Title: Review of the 2026 Fiscal Year Budget
Attachments: 1. FY26 Operating Budget - VCO v21Oct2025, 2. FY26 Operating Budget - Fire v2 Oct 20, 3. FY26 Operating Budget - Neighborhood Services 102125, 4. FY26 Operating Budget - Health v21Oct2025, 5. FY26 Operating Budget -Development Services v25 Oct2025, 6. FY26 Operating Budget - PW 102025, 7. Budget Transmittal Letter, 8. IO-2026-10-22 -Staffing and Org Chart Updates - updated 10.pdf, 9. Fund 1001 Budget Report, 10. All other Funds Budget Report, 11. Table of Contents - General Fund 1001, 12. Table of Contents - All other funds, 13. Appendix- Glossary
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title:

title

Review of the 2026 Fiscal Year Budget             

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Introduction

overview

This meeting is the first meeting of the Finance Committee to review the recommended budget for fiscal year 2025. Staff will be presenting their requested budget as follows:

 

1.                     Village Clerk’s Office

2.                     Fire

3.                     Neighborhood Services

4.                     Health

5.                     Development Services                                                               

6.                     Public Works

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b

Recommended Action

There is no recommended action at this time.

Prior Board Action

There is no prior Board action associated with this specific item.

 

Background

The meetings pertaining to and leading up to the adoption of the FY26 budget will include a review of the major Funds (i.e., General, Parking, Water/Sewer, Health Insurance, and Self-Insured Retention Funds).

 

Timing Considerations

There are no timing considerations associated with this item.

Budget Impact

After all meetings, the budget will be discussed and approved by the Village Board.

 

Staffing Impact

Staffing is included within the budget.

DEI Impact

There is no DEI impact associated with this item.

Community Input

There has been no community input given in relation to this item.

Staff Recommendation

There is no staff recommendation provided for this item.

Alternatives

There are no alternatives associated with this item.

Anticipated Future Actions

There is no anticipated future action associated with this item.

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 Clerk’s Office Presentation

2.                     Fire Presentation

3.                     Neighborhood Services Presentation

4.                     Health Presentation

5.                     Development Services

6.                     Public Works Presentation

7.                     Budget Transmittal Letter

8.                     Staffing and Org Chart Updates

9.                     Fund 1001 Budget Report

10.                     All Other Funds Budget Report

11.                     Table of Contents - General Fund 1001

12.                     Table of Contents - All Other Funds

13.                     Appendix - Glossary