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Burr Ridge trustees adopt balanced FY2026 budget; no property tax increase
Summary
Trustees voted 5-0 April 14 to adopt the village's fiscal year 2026 budget (May 1, 2025'April 30, 2026). Staff said both FY25 and FY26 are balanced, the village remains debt-free, and no property tax increase was included for a sixth consecutive year.
The Burr Ridge Board of Trustees voted unanimously April 14 to adopt the village's budget for the fiscal year beginning May 1, 2025, and ending April 30, 2026.
Evan, a village staff member who presented the ordinance, said the FY2026 adoption is the final step in the budget process and that "as usual, both the FY25 and 26 budgets are balanced," noting the village remains debt-free. He told trustees amendments could be considered quarterly going forward.
The ordinance, described by staff as policy once approved, passed on a 5-0 roll call. Trustees confirmed the budget continues the village's recent record of no property tax increase; staff said this is the sixth consecutive year with no increase.
Why it matters: The adopted budget sets spending and revenue priorities for public services and capital work through April 2026 and preserves the village's current property tax posture while allowing for quarterly adjustments if needed.
What comes next: Staff said any necessary amendments will be handled through quarterly budget actions and that the ordinance now takes effect as the village's fiscal policy for the year.
