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Tinley Park midyear budget review shows healthy finances; Harmony Square staffing and capital requests highlighted
Summary
At the Jan. 7 Committee of the Whole meeting staff reported the village’s FY25 finances are in good shape, noted bond proceeds and capital transfers, and previewed FY26 budget requests tied to Harmony Square and other capital needs.
Trustee Brennan introduced a midyear budget overview and staff presented a status report on the current fiscal year and an initial look at fiscal year 2026; trustees discussed Harmony Square staffing, capital requests and timing for final adoption.
Hannah, staff member, told trustees the general fund’s year-to-date revenues exceed expenditures and that year-end revenue projections are above budget, with current revenues “hovering about 75,000,000,” which staff described as a healthy position. She cautioned that some sources such as motor-fuel revenues (state fuel…
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