Does the District/Board approve of the maximum tax levy increase, with no budget presented?

The State of Illinois requires all government entities to file a tax levy by the end of December annually.  The tax levy is capped at 5% or the Consumer Price Index (CPI), whichever is lower.  This year, the Park District requested a 3.15% tax increase. The Oak Brook Park District’s fiscal year is May 1 – April 30.  This fiscal year for budgeting purposes is used by the majority of park districts in the State.  With a May 1 fiscal year start, newly elected officials (usually sworn in at the May annual meeting) take office at the beginning of the budget year.  Park District law authorizes budget amendments at any time in accordance with specified procedures. Most programming starts in the Spring which provides for revenue generation at the beginning of the fiscal year.