2026-11-09 Village of Villa Park Board Meeting COTW

The Village of Villa Park Board Committee of the Whole discussion, identified in the meeting title as November 9, 2026, covered the proposed 2026 property-tax levy and the draft 2027 budget. Staff cited a certified 2.7% CPI limit under PTELL and recommended setting the levy above that level to account for new assessed value, while remaining below the 5% threshold that would require a public hearing. The proposed levy was described as roughly a 4% aggregate increase; the county will determine the final limiting factor after assessed values are finalized. Staff also reviewed existing and upcoming debt-service amounts and estimated an approximately $45 increase in the Village portion of the tax bill for an average home if the proposed figures hold.

For the draft general-fund budget, staff reported approximately $30 million in revenue and nearly $38 million in expenses, then described proposed revenue additions of about $355,000 and expenditure reductions that would improve the projected deficit by roughly $1 million. Potential revenue measures included cell-tower lease income, adjusted fees, and a one-time fiber-optic franchise payment; proposed savings included reductions to overtime and seasonal staffing. BambooHR was mentioned as a possible HR-software upgrade, but no procurement decision or spending authorization was made. The discussion was not a formal meeting because there was no quorum, and no votes were taken; the budget and levy were to return for further consideration at a later meeting.