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Oak Park council approves $10 million bond levy, adopts budget amendments and routine payments
Summary
The Oak Park City Council approved a resolution to levy debt for an initial $10 million general obligation bond issuance tied to the community center project, adopted fourth-quarter budget amendments, and unanimously approved a series of routine payments and contract pay applications.
The Oak Park City Council on June 16 approved a resolution authorizing a millage levy to support debt retirement for a general obligation unlimited tax bond series that staff said will include an initial $10,000,000 issue to help fund the city’s community center project. Finance Director Shonda Crawford told the council the bonds are scheduled to be issued June 26, 2025, and staff expect a second, larger issuance later to complete the package.
The council also adopted Budget Amendment 2025‑4, which staff described as having no net impact on the general-fund balance but adjusting revenue and expenditure accounts across funds. Crawford said the amendment reflects higher-than-expected license and permit fees, an increase in one-time grant revenue for public-safety…
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