This report provides the annual budget for Oakton (Illinois) Community College's fiscal year 1997. Following prefatory matter, the report is comprised of an introduction section, budget section, statistics section, and appendix section. The introduction section includes a district organization chart, goals and objectives, financial outlook, analysis of grant distributions, and budget procedures. The budget section contains a summary of the fiscal year 1997, comparisons of program costs, revenues and expenditures, and charts of college administrative organization. The statistics section includes comparisons of audited operating revenues and expenditures, faculty and staff statistics, student enrollment, unit cost information, tuition and fees, academic awards, student financial aid and a history of tax rates. The appendix section includes descriptions of functional areas and programs, agenda items, maps, a glossary, a chart of organization for academic affairs through Fall 1996, and acknowledgments. An addendum summarizes the results of the Board of Trustees meeting held June 25, 1996. It was found that expenditures exceed revenue due to remodeling of the facilities, but that total Operating Funds revenues will increase by 4.59%. (YKH)