Oak Park Wire

Oak Park and River Forest, covered daily.

Oak Park Wire

Oak Park and River Forest, covered daily.

Oak Park Wire

Local Government

Latest reporting from the Local Government desk.

Local Government

Latest reporting from the Local Government desk.

Local Government

Latest reporting from the Local Government desk.

$393-per-year tax increase looms as Oak Park reviews levy policy

Oak Park's Finance Committee meets Thursday, Aug. 6, to review a proposed Tax Levy Policy that will shape FY2027 property tax decisions, as the village juggles $64.8 million in police headquarters costs, $18 million in new bonds and a 25% reassessment increase hitting homeowners simultaneously.

· 3 min read

Oak Park homeowners can file second tax appeal through Sept. 1

Oak Park homeowners who lost their first property tax appeal or never filed one have until Tuesday, Sept. 1 to challenge 2026 reassessment values at the Cook County Board of Review, which sometimes overturns Assessor denials; Township Assessor Ali ElSaffar is offering free appointment-based help.

· 1 min read

Oak Park approves $12.7M fire station replacement, but village can't borrow until 2032

Oak Park's Village Board voted July 28 to move forward on a $12.7 million Fire Station 2 replacement, but CFO Kevin Bueso disclosed the village has no additional debt capacity until approximately 2032, forcing officials to consider reserves, project reallocation, or operating surpluses to fund the project.

· 2 min read

$393-per-year tax increase looms as Oak Park reviews levy policy

Oak Park's Finance Committee meets Thursday, Aug. 6, to review a proposed Tax Levy Policy that will shape FY2027 property tax decisions, as the village juggles $64.8 million in police headquarters costs, $18 million in new bonds and a 25% reassessment increase hitting homeowners simultaneously.

$393-per-year tax increase looms as Oak Park reviews levy policy

Oak Park's Finance Committee meets Thursday, Aug. 6, to review a proposed Tax Levy Policy that will shape FY2027 property tax decisions, as the village juggles $64.8 million in police headquarters costs, $18 million in new bonds and a 25% reassessment increase hitting homeowners simultaneously.

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©2026 Oak Park Wire

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