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Palos Park outlines $13.2 million spending plan, emphasizes healthy reserves and transparency
Summary
In the 2025 State of the Village address, the mayor said Palos Park's fiscal year 2026 spending plan is $13.2 million, highlighted a clean auditor opinion, a strong bond rating described as "double A2," and noted steps taken to improve finance technology and transparency.
The mayor of Palos Park said the village's total spending plan for fiscal year 2026 is $13,200,000 and described the village's financial position as strong, citing healthy reserves and a bond rating described in the address as "double A2."
The mayor said auditors issued an unmodified opinion on the annual financial report and the village earned a certificate of achievement for excellence in…
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