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