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Posted on: November 1, 2019

Proposed 2020 Village Budget

Budget

The Village President and Board of Trustees will conduct a public hearing on the proposed budget for the Village of Oak Brook for the twelve-month calendar year commencing January 1, 2020 and ending December 31, 2020. The Village welcomes your comments at the December 10, 2019 meeting on the Proposed 2020 Municipal Budget.

The 2020 proposed Village of Oak Brook Budget Proposed 2020 Budget Document (PDF)

The 2020--2024 proposed 5-year plan 2020--2024 Proposed Five Year Plan (PDF)

The budget is approved annually by the Village Board in compliance with the Village Charter and municipal code and includes detailed information about anticipated revenues and expenditures for the coming fiscal year which spans from January 1 to December 31. Guided by the policies, priorities and goals of the Village Board and the Village’s Strategic Plan, the budget is the single most important policy document produced by the Village each year. The revenues and expenditures are broken down by the various operating, enterprise, fiduciary and special funds that comprise the total spending plan. Illinois Compiled Statutes (ILCS), or State law, sets forth the legal maximum spending limits for the Village for the fiscal year.

Press Release 2020 Budget Public Hearing Meeting Notice (PDF)

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