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Oak Lawn adopts 2025 budget with no village property tax increase; boosts pension funding and approves consent-package ordinances

5854208 · January 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its Dec. 10 meeting the Village of Oak Lawn Board of Trustees adopted the 2025 municipal budget with no increase to the village portion of property taxes, increased pension contributions and several routine ordinances and contracts; trustees tabled a hospital reimbursement agreement for later consideration.

The Village of Oak Lawn Board of Trustees adopted the village—s 2025 municipal budget during its regular meeting Tuesday, Dec. 10, approving a package of ordinances and contracts while voting to table a proposed reimbursement agreement with Advocate Christ Medical Center.

The budget passed as part of the consent agenda and includes no increase to the village—s property tax levy for the coming year, a measure trustees and staff said maintains the village portion at about 11% of a typical property tax bill. Board members also committed additional money to pension funding and to capital and infrastructure projects.

The board and multiple trustees praised village staff for the budget work during the meeting. Trustees noted the budget increases pension contributions above prior levels; meeting remarks included two figures cited by trustees: an additional pension contribution in the $3.6 million to $3.8 million range this year and a total pension contribution figure of about $15.6 million for the year (the board had originally budgeted about $12 million). The final budget as adopted includes allocations for infrastructure and capital improvements: trustees…

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