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Palos Park council adopts balanced $14.7 million budget for FY 2025–26
Summary
The Palos Park Village Council held a public hearing and voted to adopt the fiscal year 2025–26 budget, which officials described as balanced and projecting fund balances above reserve targets; the ordinance passed by roll call vote.
Palos Park Village Council on Monday held a public hearing and approved an ordinance adopting the village budget for the fiscal year beginning May 1, 2025, and ending April 30, 2026. The budget was presented to council members as a balanced plan and includes capital purchases across general, sewer and water funds.
Councilor Commissioner Reed, who presented the budget, said the proposed total was $14,728,675 when he described highlights at the hearing and that the budget is balanced. "Some of the highlights of the budget as set forth in the packet that you have before you. Number 1, the budget is balanced," he said during the presentation. The ordinance later introduced on the floor listed a closely similar figure; the council proceeded to consider and adopt the measure following the public hearing.
The village said the general fund, sewer and water fund ending balances for FY2026 are projected to remain above the stated reserve goal of 25 percent. Capital items called out in the presentation included police patrol vehicles; recreation facility repairs and equipment such as gym floor sanding and new furnishings; area-wide paving under a 1% sales-tax fund; roadside mowing tractor and other public-works equipment; an Omega lift station upgrade and SkyControl upgrades for sewer operations; a water-main lowering project on 120th Street and pump station upgrades contingent on grant funding.
During the hearing Commissioner Reed noted specific dollar figures in the packet for individual projects (for example, an Omega lift station upgrade described as $125,000 and a water-main lowering on 120 Third Street described as $625,000) and said some projects depend on grants. "The pump station upgrade, depending on the grant that we have pursued, approximately $500,000," he said.
Illinois law requires municipalities to adopt a budget before the start of the fiscal year; the ordinance to adopt the village budget was moved and passed on roll call. Deputy Clerk roll-call confirmations recorded support from a majority of council members during the vote and the ordinance was adopted.
Councilors and staff emphasized that the budget aims to preserve reserves while funding capital needs and that some projects may proceed only if grant awards materialize. The council did not change the fundamental balance of the proposal during the meeting.
The village plans to post the adopted budget and supporting documents in its public records and provide additional details about grant-dependent projects as awards are secured.
