123 Madison Street  
Oak Park, Illinois 60302  
Village of Oak Park  
Meeting Agenda  
Finance Committee  
Thursday, May 21, 2026  
6:30 PM  
Room 130  
A Finance Committee Meeting will start at 6:30 p.m. in Room 101  
1. Call To Order  
2. Roll Call  
3. Public Comment  
4. Approval of Minutes  
5. New Business  
A.  
Baker Tilly Financial Forecast Presentation  
Overview:  
The Village contracted Baker Tilly to develop a 10-year financial forecast. This  
presentation covers the fiscal model prepared by Baker Tilly.  
B.  
FY2027 Budget Development & Fiscal Plan  
Overview:  
The purpose of this item is to introduce the proposed FY2027 Budget & Fiscal  
Calendar to the Finance Committee. The calendar establishes the working  
schedule for the Village’s FY2027 operating budget, capital planning, financial  
policy discussions, major revenue and fee reviews, debt and capital financing  
strategy, utility funding considerations, department presentations, and final  
budget and levy adoption milestones. This discussion is intended to align  
expectations early in the process and provide a transparent roadmap for how  
the FY2027 budget will be developed, reviewed, and ultimately presented for  
Village Board action.  
C.  
BS&A Cloud Upgrade / Euna Budget Implementation Status Update  
Overview:  
This presentation provides a status update regarding ongoing process  
improvements within the Village’s Finance Department.  
6. Old Business  
7. Adjournment