2024 Budget In Brief.pdf

The only other notable increase relates to Water & Sewer usage fees, which have been increased based on the Water & Sewer rate study that was adopted in 2022 and codified annual rate increases through 2027. In addition to these new revenues, the Village will continue to examine municipal services for efficiency, effectiveness, usefulness and sustainability, and develop options and strategies that enable the Village to match resources (financial, physical and human) to the desired level of service. Elements used to achieve a sustainable budget model include cost cutting, increased economic development, outsourcing options, investing in appropriate technology and equipment to improve overall efficiency, and additional examination of government consolidation/ cooperation. The fiscal year 2024 budget reflects capital expenditures of $83,097,106. In addition to resurfacing and roadway improvements, other major capital expenditures reflected in this budget are found under the Capital tab in of the adopted budget.

The Village survived and thrived throughout the pandemic, which occurred on the heels of several cost cutting measures. The Village was able to weather 2020 and 2021 in a strong position. Even so, the Village continues to find ways to reduce ongoing operational costs, while investing in needed capital projects.

THE VILLAGE HAS WORKED DILIGENTLY TO PRESENT A PROPOSED ANNUAL BUDGET THAT:

CONTINUES A COMMITMENT FOR PUBLIC SAFETY CONTINUES THE INVESTMENT IN INFRASTRUCTURE IS WITHIN THE PARAMETERS OF THE VILLAGE’S FINANCIAL POLICIES

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The budget is approved by the Village Board during a public hearing. The final adoption of the budget approval through the passage of the Budget Ordinance.

The Village of Orland Park fiscal year 2024 Budget is made viewable online through ClearGov. Visit orlandpark.org/budget to see the full budget.

This workshop reviews the debt financing plan and operating departments' budgets. The proposed budgets are then published online for transparency .

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VILLAGE OF ORLAND PARK ʴ FISCAL YEAR 2024 BUDGET IN BRIEF