{"id":671,"date":"2020-03-15T15:20:48","date_gmt":"2020-03-15T20:20:48","guid":{"rendered":"http:\/\/www.forestpark.net\/dfp\/?page_id=671"},"modified":"2026-03-05T21:43:47","modified_gmt":"2026-03-06T03:43:47","slug":"finance-department","status":"publish","type":"page","link":"https:\/\/www.forestpark.net\/dfp\/departments\/finance-department\/","title":{"rendered":"Finance Department"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"671\" class=\"elementor elementor-671\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c1f3cf8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c1f3cf8\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2a523f5 elementor-hidden-tablet elementor-hidden-phone\" data-id=\"2a523f5\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2458e3b elementor-widget elementor-widget-spacer\" data-id=\"2458e3b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8768270 elementor-widget elementor-widget-heading\" data-id=\"8768270\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Departments<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4fa4444 elementor-nav-menu--dropdown-mobile elementor-nav-menu__text-align-aside elementor-nav-menu--toggle elementor-nav-menu--burger elementor-widget elementor-widget-nav-menu\" data-id=\"4fa4444\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;svg aria-hidden=\\&quot;true\\&quot; class=\\&quot;e-font-icon-svg e-fas-caret-down\\&quot; viewBox=\\&quot;0 0 320 512\\&quot; xmlns=\\&quot;http:\\\/\\\/www.w3.org\\\/2000\\\/svg\\&quot;&gt;&lt;path d=\\&quot;M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z\\&quot;&gt;&lt;\\\/path&gt;&lt;\\\/svg&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;toggle&quot;:&quot;burger&quot;}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-framed e--animation-fade\">\n\t\t\t\t<ul id=\"menu-1-4fa4444\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1387\"><a href=\"https:\/\/www.forestpark.net\/dfp\/employment-opportunities\/\" class=\"elementor-item\">Apply for Village Jobs<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1799\"><a href=\"https:\/\/www.forestpark.net\/dfp\/government\/local-government\/commissions-boards-committees\/\" class=\"elementor-item\">Boards &#038; Committees<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-232\"><a href=\"http:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2020\/03\/VOFPBuildingPermit102819_1.pdf\" class=\"elementor-item\">Building Permit<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-233\"><a href=\"https:\/\/visitor.constantcontact.com\/manage\/optin?v=001effcjiBvUC7chgnlF-THsTVmVXJd-aAjZFbrxy7TI3tyVw7tdVgmoQEB9C2JyN40nZ_rcPW3caaoyZ91Xo2euOrjtmm-Vzvi\" class=\"elementor-item\">e-Newsletter Sign Up<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1355\"><a href=\"https:\/\/www.forestpark.net\/dfp\/government\/local-government\/council-agendas\/\" class=\"elementor-item\">Council Agendas and Live Stream Link<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1356\"><a href=\"https:\/\/www.forestpark.net\/dfp\/government\/local-government\/council-minutes\/\" class=\"elementor-item\">Council Minutes &#038; Video Recordings<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1358\"><a href=\"https:\/\/www.forestpark.net\/dfp\/government\/\" class=\"elementor-item\">Elected Officials<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1359\"><a href=\"https:\/\/www.forestpark.net\/dfp\/village-services\/service-request\/\" class=\"elementor-item\">Make a Service Request<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-6741\"><a href=\"https:\/\/park.passportparking.com\/park\/\" class=\"elementor-item\">Pay Parking Meter<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-1518\"><a href=\"https:\/\/forestpark.msicore360.com\/resident\" class=\"elementor-item\">Pay Parking Tickets<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1375\"><a href=\"https:\/\/www.forestpark.net\/dfp\/foia-request\/\" class=\"elementor-item\">Obtain a Copy of a Record<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-1519\"><a href=\"https:\/\/forestpark-il.dacragov.com\/il\/forestpark\/nightparking\" class=\"elementor-item\">Overnight Parking Pass<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1360\"><a href=\"https:\/\/www.forestpark.net\/dfp\/departments\/public-works\/water-department\/\" class=\"elementor-item\">Water Quality Reports<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-2513\"><a href=\"https:\/\/www.forestpark.net\/dfp\/village-services\/village-calendar\/\" class=\"elementor-item\">Village Calendar<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1361\"><a href=\"https:\/\/www.forestpark.net\/dfp\/resources\/village-maps\/\" class=\"elementor-item\">Village Maps<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1366\"><a href=\"https:\/\/www.forestpark.net\/dfp\/village-services\/volunteer\/\" class=\"elementor-item\">Volunteer<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t<div class=\"elementor-menu-toggle\" role=\"button\" tabindex=\"0\" aria-label=\"Menu Toggle\" aria-expanded=\"false\">\n\t\t\t<svg aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--open e-font-icon-svg e-eicon-menu-bar\" viewBox=\"0 0 1000 1000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M104 333H896C929 333 958 304 958 271S929 208 896 208H104C71 208 42 237 42 271S71 333 104 333ZM104 583H896C929 583 958 554 958 521S929 458 896 458H104C71 458 42 487 42 521S71 583 104 583ZM104 833H896C929 833 958 804 958 771S929 708 896 708H104C71 708 42 737 42 771S71 833 104 833Z\"><\/path><\/svg><svg aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--close e-font-icon-svg e-eicon-close\" viewBox=\"0 0 1000 1000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M742 167L500 408 258 167C246 154 233 150 217 150 196 150 179 158 167 167 154 179 150 196 150 212 150 229 154 242 171 254L408 500 167 742C138 771 138 800 167 829 196 858 225 858 254 829L496 587 738 829C750 842 767 846 783 846 800 846 817 842 829 829 842 817 846 804 846 783 846 767 842 750 829 737L588 500 833 258C863 229 863 200 833 171 804 137 775 137 742 167Z\"><\/path><\/svg>\t\t<\/div>\n\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-4fa4444\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1387\"><a href=\"https:\/\/www.forestpark.net\/dfp\/employment-opportunities\/\" class=\"elementor-item\" tabindex=\"-1\">Apply for Village Jobs<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1799\"><a href=\"https:\/\/www.forestpark.net\/dfp\/government\/local-government\/commissions-boards-committees\/\" class=\"elementor-item\" tabindex=\"-1\">Boards &#038; Committees<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-232\"><a href=\"http:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2020\/03\/VOFPBuildingPermit102819_1.pdf\" class=\"elementor-item\" tabindex=\"-1\">Building Permit<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-233\"><a href=\"https:\/\/visitor.constantcontact.com\/manage\/optin?v=001effcjiBvUC7chgnlF-THsTVmVXJd-aAjZFbrxy7TI3tyVw7tdVgmoQEB9C2JyN40nZ_rcPW3caaoyZ91Xo2euOrjtmm-Vzvi\" class=\"elementor-item\" tabindex=\"-1\">e-Newsletter Sign Up<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1355\"><a href=\"https:\/\/www.forestpark.net\/dfp\/government\/local-government\/council-agendas\/\" class=\"elementor-item\" tabindex=\"-1\">Council Agendas and Live Stream Link<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1356\"><a href=\"https:\/\/www.forestpark.net\/dfp\/government\/local-government\/council-minutes\/\" class=\"elementor-item\" tabindex=\"-1\">Council Minutes &#038; Video Recordings<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1358\"><a href=\"https:\/\/www.forestpark.net\/dfp\/government\/\" class=\"elementor-item\" tabindex=\"-1\">Elected Officials<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1359\"><a href=\"https:\/\/www.forestpark.net\/dfp\/village-services\/service-request\/\" class=\"elementor-item\" tabindex=\"-1\">Make a Service Request<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-6741\"><a href=\"https:\/\/park.passportparking.com\/park\/\" class=\"elementor-item\" tabindex=\"-1\">Pay Parking Meter<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-1518\"><a href=\"https:\/\/forestpark.msicore360.com\/resident\" class=\"elementor-item\" tabindex=\"-1\">Pay Parking Tickets<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1375\"><a href=\"https:\/\/www.forestpark.net\/dfp\/foia-request\/\" class=\"elementor-item\" tabindex=\"-1\">Obtain a Copy of a Record<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-1519\"><a href=\"https:\/\/forestpark-il.dacragov.com\/il\/forestpark\/nightparking\" class=\"elementor-item\" tabindex=\"-1\">Overnight Parking Pass<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1360\"><a href=\"https:\/\/www.forestpark.net\/dfp\/departments\/public-works\/water-department\/\" class=\"elementor-item\" tabindex=\"-1\">Water Quality Reports<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-2513\"><a href=\"https:\/\/www.forestpark.net\/dfp\/village-services\/village-calendar\/\" class=\"elementor-item\" tabindex=\"-1\">Village Calendar<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1361\"><a href=\"https:\/\/www.forestpark.net\/dfp\/resources\/village-maps\/\" class=\"elementor-item\" tabindex=\"-1\">Village Maps<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1366\"><a href=\"https:\/\/www.forestpark.net\/dfp\/village-services\/volunteer\/\" class=\"elementor-item\" tabindex=\"-1\">Volunteer<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c56a586 elementor-widget elementor-widget-video\" data-id=\"c56a586\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/1VzddBDnQ7Y&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-56905d7\" data-id=\"56905d7\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f6c2fa9 elementor-widget elementor-widget-spacer\" data-id=\"f6c2fa9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ae9262f elementor-widget elementor-widget-text-editor\" data-id=\"ae9262f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Finance Director: Letitia Olmsted<\/strong><br \/>708-615-6208 Direct\u00a0<br \/><a href=\"mailto:lolmsted@forestpark.net\">lolmsted@forestpark.net<\/a><\/p><p>The finance director shall exercise a general supervision over all the officers of the village, with the exception of the village administrator, charged in any manner with the receipt, collection or disbursement of the municipal revenue, or with the collection and return of the municipal revenue, or collection and return of the municipal revenue into the village treasury.<\/p><p>The Village&#8217;s fiscal year begins on May 1st and ends on April 30th. Listed below are links to various reports produced by the Finance Department:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57718f9 elementor-widget elementor-widget-text-editor\" data-id=\"57718f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Appropriation Ordinance:<\/strong><br \/>Per Illinois Municipal Code (<strong><a href=\"http:\/\/www.ilga.gov\/legislation\/ilcs\/fulltext.asp?DocName=006500050K8-2-9\">65 ILCS 5\/8-2-9<\/a><\/strong>), the corporate authorities of municipalities with a population of less than 500,000 shall pass the annual appropriation ordinance within the first quarter of the fiscal year. The Appropriation Ordinance establishes the legal spending limits, however the annual line-item budget is the working document for all financial activities.<\/p><ul><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2025\/05\/Certified-Copy-of-O-23-24-Annual-Appropriation-Ordinance-VIllage-of-Forest-Park.pdf\">FY 2025<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2024\/05\/O-57-23-Amended-Appropriation-Ordinance-FY2024.pdf\">FY 2024<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2022\/11\/O-30-22-FY2023-Appropriation-Ordinance.pdf\">FY 2023<\/a><\/li><li style=\"font-size: 16px;\"><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2021\/08\/O-22-21-FY2022-Appropriation-Ordinance-for-County.pdf\">FY 2022<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2020\/09\/O-25-20-FY2021-Appropriation-Ordinance.pdf\">FY 2021<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2fa9619 elementor-widget elementor-widget-text-editor\" data-id=\"2fa9619\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Annual Financial Report<\/strong><strong>:<\/strong><br \/>The Village&#8217;s audited financial position and activity is presented in conformance with generally accepted accounting principles and is an independent report.<\/p><ul><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2026\/03\/FY2025-audit-packet.pdf\">FY2025<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2025\/01\/Forest-Park-AFR-24.pdf\"><span style=\"color: #003366;\">FY 2024<\/span><\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2024\/05\/Forest-Park-AFR23.pdf\">FY 2023<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2022\/11\/Forest-Park-AFR-0422.pdf\">FY 2022<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea7773c elementor-widget elementor-widget-text-editor\" data-id=\"ea7773c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Budget Summaries<\/strong><strong>:<\/strong><br \/>The Village of Forest Park produces an annual line-item budget by department and fund.<\/p><ul><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2025\/09\/FY2026-Budget-Summaries.pdf\">FY 2026<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2025\/05\/FY2025-Budget-Summary.pdf\">FY 2025<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2024\/05\/FY2024-Budget-Fund-Summaries.pdf\">FY 2024<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2022\/11\/FY2023-budget-summaries.pdf\">FY 2023<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2022\/11\/FY2022-Budget-Summaries.pdf\">FY 2022<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63be1ec elementor-widget elementor-widget-text-editor\" data-id=\"63be1ec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Tax Increment Financing (TIF) Annual Reports<\/strong><strong>:<\/strong><br \/>Annual reports of the redevelopment project area(s) pursuant to the Tax Increment Allocation Redevelopment Act (65 ILCS 5\/11-74.4-3) and or Industrial Jobs Recovery Law (65 ILCS 5\/11-74.6-10).<\/p><table><tbody><tr><td><ul><li><span style=\"font-family: inherit; font-size: inherit;\">FY\u00a0 \u00a02024<\/span><ul><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2025\/05\/Brown-Street-TIF-FY2024.pdf\">Brown Street<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2025\/05\/Circle-Harlem-TIF-FY2024.pdf\">Circle Harlem<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2025\/05\/Roosevelt-Road-Corridor-TIF-FY2024.pdf\">Roosevelt Corridor<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2025\/05\/Roosevelt-Hannah-TIF-FY2024.pdf\">Roosevelt Hannah<\/a><\/li><\/ul><\/li><\/ul><\/td><td><ul><li><span style=\"font-family: inherit; font-size: inherit;\">FY\u00a0 2023<\/span><ul><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2024\/05\/FY2023-Brown-Street-Station-TIF.pdf\">Brown Street<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2024\/05\/FY2023-RooseveltCorridor-TIF.pdf\">Roosevelt Corridor<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2024\/05\/FY2023-Roosevelt-Hannah-TIF.pdf\">Roosevelt Hannah<\/a><\/li><\/ul><\/li><\/ul><\/td><\/tr><tr><td><ul><li><span style=\"font-family: inherit; font-size: inherit;\">FY 2022<\/span><ul><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2023\/03\/Brown-Street-FY2022.pdf\">Brown Street<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2023\/03\/Mall-FY2022.pdf\">Mall<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2023\/03\/Roosevelt-Corridor-FY2022.pdf\">Roosevelt Corridor<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2023\/03\/Roosevelt-and-Hannah-FY2022.pdf\">Roosevelt Hannah<\/a><\/li><\/ul><\/li><\/ul><\/td><td><ul><li>FY 2021<ul><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2022\/03\/FY2021-Brown-Street-Station.pdf\">Brown Street<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2022\/03\/FY2021-Mall.pdf\">Mall<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2022\/03\/FY2021-Roosevelt-Road-Corridor.pdf\">Roosevelt Corridor<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2022\/03\/FY2021-Roosevelt-and-Hannah.pdf\">Roosevelt Hannah<\/a><\/li><\/ul><\/li><\/ul><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bce322c elementor-widget elementor-widget-text-editor\" data-id=\"bce322c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Tax Levy<\/strong><strong>:<\/strong><br \/>The tax levy is filed in December and rates are finalized by the Cook County Clerk generally in June of the following year. Annual new revenue is limited to Consumer Price Index or 5.0%, whichever is less as a Non-Home Rule municipality.<\/p><ul><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2025\/05\/030420000-Village-Rate-Report-2023.pdf\">FY 2024<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2024\/05\/Village-2022-final-report-03-0420-000.pdf\">FY 2023<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2023\/03\/Village-Tax-Year-2021-rate-report-for-FY2022.pdf\">FY 2022<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2022\/11\/2020-Agency-Rate-03-0420-000.pdf\">FY 2021<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a1aff6 elementor-widget elementor-widget-text-editor\" data-id=\"4a1aff6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Total Compensation Reports<\/strong><strong>:<\/strong><br \/>In accordance with Illinois Public Act 97-609, the Village has made available an itemized compensation report.<\/p><ul><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2024\/05\/Total-Comp-FY-2023.pdf\">FY 2023<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2022\/10\/Total-Comp-FY-2022.pdf\">FY 2022<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2022\/10\/Total-Comp-FY-2021-Final.pdf\">FY 2021<\/a><\/li><li style=\"font-size: 16px;\"><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2021\/10\/Total-Compensation-Package-FY-2020.pdf\">FY 2020<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0d9992 elementor-widget elementor-widget-text-editor\" data-id=\"d0d9992\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Treasurer Reports<\/strong><strong>:<\/strong><br \/>The Treasurer Report shows the monies received and expenses incurred during the preceding fiscal year.<\/p><ul><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2025\/05\/Forest-Park-Treasurers-Report-and-Certification-2024.pdf\">FY 2024<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2024\/05\/Forest-Park-Treasurers-Report-and-Certification-2023.pdf\">FY 2023<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2022\/11\/Forest-Park-Treasurers-Report-and-Certification-2022.pdf\">FY 2022<\/a><\/li><li><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2021\/10\/Forest-Park-Treasurers-Report-and-Certification-2021.pdf\">FY 2021<\/a><\/li><\/ul><p><strong>Vendor Transparency <\/strong><\/p><p>Pursuant to <a href=\"https:\/\/www.ilga.gov\/legislation\/publicActs\/fulltext.asp?Name=102-0265&amp;GA=102\">Public Act 102-0265<\/a>, the Village of Forest Park is required to make a good faith effort to collect and electronically publish data from all vendors and subcontractors doing business with the Village. The published data must include:<\/p><ul><li>Whether the vendor or subcontractor is minority-owned, woman-owned or veteran-owned as defined in the <a href=\"https:\/\/www.ilga.gov\/legislation\/ilcs\/ilcs3.asp?ActID=550&amp;ChapterID=7\">Business Enterprise for Minorities, Women and Persons with Disabilities Act<\/a>.<\/li><li>Whether the vendor or subcontractor holds any certifications for those categories or, if they are self-certifying ,and whether the vendor or subcontractor qualifies as a small business under U.S. Small Business Administration (SBA) standards <a href=\"https:\/\/www.sba.gov\/federal-contracting\/contracting-guide\/basic-requirements\">https:\/\/www.sba.gov\/federal-contracting\/contracting-guide\/basic-requirements<\/a><\/li><\/ul><p>By completing the form, vendors certify the information supplied is complete and correct to the best of their knowledge.<\/p><p><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2024\/01\/FOREST-PARK-PA-102-0265-01.23.2024.pdf\">Forest Park Vendor Reporting List as of 01\/23\/2024<\/a><\/p><p><a href=\"https:\/\/www.forestpark.net\/dfp\/wp-content\/uploads\/2024\/01\/Minority-Vendor-Information-Reporting-Form.pdf\">Minority Vendor Reporting Form<\/a><\/p><p><strong><br \/>IMRF-Employee Cost and Participation Information:<\/strong><br \/>In 2019, the Illinois General Assembly passed <a href=\"http:\/\/www.ilga.gov\/legislation\/publicacts\/fulltext.asp?Name=101-0504&amp;GA=101\" target=\"_blank\" rel=\"noopener noreferrer\">Public Act 101-0504<\/a>. The law requires IMRF to post certain employer cost and participation information on its website.<\/p><p>IMRF will update these reports annually.\u00a0 Please click\u00a0<a href=\"https:\/\/www.forestpark.net\/dfp\/imrf-employer-cost-and-participation-information\/\" target=\"_blank\" rel=\"noopener\">HERE<\/a>\u00a0for more information.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Departments Finance Director: Letitia Olmsted708-615-6208 Direct\u00a0lolmsted@forestpark.net The finance director shall exercise a general supervision over all the officers of the village, with the exception of the village administrator, charged in any manner with the receipt, collection or disbursement of the municipal revenue, or with the collection and return of the municipal revenue, or collection and [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":610,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-671","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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