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 21-323    Name:
Type: Report Status: Passed
In control: President and Board of Trustees
On agenda: 11/15/2021 Final action: 11/15/2021
Title: Public Hearing on the Fiscal Year 2022 Recommended Budget
Attachments: 1. Budget Public Hearing Published in WJ, 2. FY22 Proposed Budget, 3. Budget Revision Reconciliation 2022 Requested to Proposed, 4. 2022 Budget Public Hearing Presentation

Submitted By                     

Steve Drazner, CFO

 

Reviewed By

AMZ

 

Agenda Item Title

Title

Public Hearing on the Fiscal Year 2022 Recommended Budget

 

End

Overview

Overview

The Village Board is required to hold a public hearing on the recommended budget for the coming fiscal year in order to receive public testimony regarding the recommendations.  Attached is a copy of the recommended budget for FY22 which contains the consensus of the Finance Committee of the Village Board.

 

Body

Staff Recommendation

Hold the Public Hearing.                     

 

Fiscal Impact

The Board will be asked to consider the Proposed FY22 Budget for approval on December 6, 2021, at which time funds will be appropriated for the new fiscal year.

 

Background

State Statute, 65 ILCS 5/8-2-9.9, and Section 2-6-5(G) of the Oak Park Village Code requires the public hearing to be held prior to the final passage of the Budget.  This hearing fulfills the requirement.

 

The hearing may begin, at the discretion of the Board, with a brief summary of the proposed Budget.  Following the presentation, the Board may allow public testimony if desired.  After the hearing, the tentative budget may be further revised and passed without further notice, inspection or hearing.

 

Alternatives

N/A

 

Previous Board Action

The Finance Committee of the Village Board has held several budget review meetings to date. 

 

Citizen Advisory Commission Action

N/A

 

Anticipated Future Actions/Commitments

It is anticipated that the FY22 Budget will be presented for adoption on Monday, December 6, 2021 along with all related tax levies and abatement ordinances. 

 

Intergovernmental Cooperation Opportunities

N/A

 

Performance Management (MAP) Alignment

N/A