Finance Committee

123 Madison Street Village of Oak Park Oak Park, Illinois 60302 www.oak-park.us Meeting Agenda Finance Committee Thursday, October 21, 2021 6:30 PM Remote 1. Call To Order A Finance Committee Meeting is being conducted remotely at 6:30 p.m. with live audio available and optional video. The meeting will be streamed live and archived online for on-demand viewing at www.oak-park.us/boardtv as well as cablecast on VOP-TV, which is available to Comcast subscribers on channel 6 and ATT Uverse subscribers on channel 99. Remote Meetings of the Oak Park Village Board of Trustees is authorized pursuant to Section 7 (e) of the Open Meetings Act. The Village President has determined that an in-person meeting is not practical or prudent due to the COVID-19 outbreak during the Governor’s disaster proclamation. It is also not feasible to have a person present at the Board’s regular meeting location due to public safety concerns related to the COVID-19 outbreak. 2. Roll Call 3. Public Comment Public statements of up to three minutes will be allowed during Non-Agenda public comment or Agenda public comment, as an individual designates. Please follow the instructions to participate remotely. You may also communicate with the Village Board at 708.358.5784 or email board@oak-park.us. To submit written public comment can be direct to email clerk@oak-park.us or call 708-358.5672. 4. Approval of Minutes A. ID 21-327 Minutes from the October 11, 2021 Meeting of the Finance Committee 5. New Business Village of Oak Park Page 1 Printed on 08:38 AM October 19, 2021 Finance Committee Meeting Agenda October 21, 2021 B. ID 21-311 Finance Committee Review of the Draft Recommended Fiscal Year 2022 Budget Overview: On October 11, 2021, staff provided the Finance Committee with a general overview of the FY22 Recommended Budget and discussed in greater detail the following: 1) Enterprise Funds (Water/Sewer, Parking, and Environmental Services) 2) Internal Service Funds (Debt Service, Health Insurance, Self-Insured Retention Funds) 3) Special Revenue Funds (non-specific overview and questions addressed) The following remaining budgets will be discussed under this agenda item: D 1) Overview 2) Development Customer Services, including partner agencies and the proposed Affordable Housing Fund 3) Police Department 4) HR 5) Communications Department 6. Adjournment Village of Oak Park Page 2 Printed on 08:38 AM October 19, 2021