Tinley Park interim finance director previews FY26 budget, projects $2.9 million general fund surplus

Scott Boui, interim finance director, told the Tinley Park Committee of the Whole on March 3 that preliminary projections show the village's general fund roughly $84 million in revenue against about $79 million in operating expenses, producing a "projected surplus of $2.9 million," he said.

Boui said the finance team had locked down operating numbers for FY26 and credited prior decisions on the tax levy and several revenue adjustments for the stronger-than-expected position. He said special revenue funds are trending above budget on revenues and that enterprise funds (water and sewer) are over or near revenue targets while expenses remain below estimates.

The presentation also previewed FY27 planning: initial personnel requests totaled about $4.5 million and capital requests came in at $57.1 million. Boui said those requests were not yet included in the FY27 operating totals and that department-level meetings scheduled in the coming days would review personnel and capital requests and identify likely carryovers from FY26.

Trustees asked for greater detail on capital carryovers, including whether some projects were repeat carryovers from prior years. Boui said staff would examine every capital request and carried item during the review meetings and return with clarifications.

Boui highlighted transfers tied to tax-increment financing districts, noting the Main Street North TIF (Fund 18) will close out with a transfer into the new Breman TIF fund and that several capital projects are under budget and likely to carry forward into FY27. He praised the finance department team and village management for work during a recent vacancy in the finance director post.

The presentation concluded with staff noting the FY27 numbers remain preliminary and subject to revision as adjustments are identified during the current review process. No formal action was taken; the committee moved on to other agenda items.