2026 Budget In Brief

REVENUES FROM ALL FUNDS REVENUES FROM ALL FUNDS SALES TAXES

INCOME TAXES Income tax is a state-shared revenue distributed on a per capita basis through the Local Government Distributive Fund (LGDF). The Fiscal Year 2025 calculation uses 2020 Census data, which reported a Village population of 58,703. For 2026, revenue is projected to increase due to higher per capita estimates provided by the Illinois Municipal League. Total income tax revenue budgeted for 2026 is $10,391,640. WATER, SEWER & STORM WATER REVENUE A comprehensive water, sewer and storm rate study was completed in 2022. As part of that study, water, sewer and storm sewer rates were modified to capture additional costs to provide a redundant water supply from the Village’s water supplier, the Village of Oak Lawn.

The Village’s sales tax revenue includes a 1% tax collected by the State of Illinois and a 1.25% tax imposed under the Village’s home rule authority, with total General Sales Tax projected at $48,485,600. Prior to 2021, online merchants without a physical presence in the Village did not remit sales tax to the Village. The Marketplace Fairness Act, effective in 2021, requires destination-based sales tax, ensuring that online retailers now remit taxes on the same basis as brick-and-mortar stores. For 2026, the Village has conservatively budgeted a 2% increase in sales tax revenue based on recent trends. PROPERTY TAXES The Village levies property taxes for the purposes of general operations, Recreation & Parks, Illinois Municipal Retirement Fund (IMRF), Federal Insurance Contributions Act (FICA) and police pension, as well as funding a portion of debt service payments due on the Village’s outstanding general obligation debt. Total Property Tax revenue for next year is $13,669,064.

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VILLAGE OF ORLAND PARK | FISCAL YEAR 2026 BUDGET IN BRIEF