Capital improvements highlight 2006 budget
Funding for a new environmentally friendly
Public Works facility, catalyst streetscape improvement
projects along Harrison Street, Roosevelt Road, Chicago Avenue
and North Avenue, additional police officers and expansion of
the adjudication program highlight the Village’s 2006
Budget. The Village Board has budgeted about $129.5 million in
2006 for all programs supported by local revenue sources, state
funds and federal dollars. The general fund, which supports
most Village operations, is set at about $45 million in 2006,
up about $2 million from 2005. About 47 percent of all general
revenue expenditures have been allocated to capital
improvements, including construction of a new
150,000-square-foot Public Works facility that will be the
first certified environmentally sustainable municipal public
works building in Illinois. Other construction projects funded
by the 2006 budget include $1.9 million for local street
improvements, $1.1 million for alley improvements and $1.2
million for streetscape improvements designed to be catalysts
for private investments on Harrison, Roosevelt, Chicago and
North Avenue. Some $500,000 also is budgeted for a new animal
shelter. About 22 percent of the 2006 budget will go to public
safety programs provided by the Police, Fire and Health
departments, including funding three new police officer
positions. Property taxes will remain the single largest source
of Village revenue, representing about 12.4 percent anticipated
income. The Village’s share of each property tax dollar
Oak Parker’s pay will be about 12 cents. For more
information on the budget, call the Finance Department at
358.5460 or email finance@oak-park.us. A copy of the
budget can be reviewed in Village Hall, 123 Madison St., or
online at www.oak-park.us.
