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File #: 2025-0985    Version: 0 Name: An Ordinance Adopting The Annual Budget For The Fiscal Year Commencing On January 1, 2026 And Ending On December 31, 2026 For The Village Of Orland Park, Cook And Will Counties, Illinois
Type: MOTION Status: IN BOARD OF TRUSTEES
File created: 11/21/2025 In control: Board of Trustees
On agenda: 12/1/2025 Final action:
Title: An Ordinance Adopting The Annual Budget For The Fiscal Year Commencing On January 1, 2026 And Ending On December 31, 2026 For The Village Of Orland Park, Cook And Will Counties, Illinois
Attachments: 1. 2026 Summary, 2. Budget Certification, 3. Budget Changes since Proposed distribution, 4. Official 2026 Budget, 5. Budget Ordinance

Title

An Ordinance Adopting The Annual Budget For The Fiscal Year Commencing On January 1, 2026 And Ending On December 31, 2026 For The Village Of Orland Park, Cook And Will Counties, Illinois

 

 

 

History

 

The Village Board held a budget workshop on October 15. The Board approved the public hearing date and the publishing of the tentative annual budget at the November 3 Board meeting. The budget has been made available for public inspection at the Village Hall and on the website since November 17. The public hearing notice was published in the Daily Southtown on November 17th. The public hearing was held on December 1st, 2025.

 

The Budget meets the following key Village objectives:

- At the end of 2026, the General Fund ends with 41.5% available fund balance on hand and the enterprise funds end with 25.0% available fund balance on hand.

- Property Tax Levy captures anticipated 3.75% (or $494.063) growth in Equalized Assessed Value.

- Capital investment of $56,157,042, including roads, buildings, and other infrastructure projects

- Continued focus on process improvement and streamlining operations to provide more reliable and cost-effective service to internal and external customers.

 

Recommended Action/Motion

 

I move to adopt an Ordinance entitled: AN ORDINANCE ADOPTING THE ANNUAL BUDGET FOR THE FISCAL YEAR COMMENCING ON JANUARY 1, 2026 AND ENDING ON DECEMBER 31, 2026 FOR THE VILLAGE OF ORLAND PARK, COOK AND WILL COUNTIES, ILLINOIS.