This report provides the annual budget for Oakton (Illinois) Community College's fiscal year 1998. It opens with a letter from the president, followed by an addendum and a copy of a GFOA Certificate for Distinguished Budget Presentation, awarded in 1996. Four sections follow: (1) an introduction, which includes a chart of organization for Oakton Community College's District 535, principal officials, Oakton's goals and objectives, finance and accounting, capital resource requirement plans, financial outlook, analysis of grant distributions, determination of credit hour grant rates, and budget procedures; (2) a budget, offering comparisons and summaries of revenues and expenditures, a summary of fiscal year 1997's budget by fund, charts of organization, and comparisons of program costs and equipment expenditures; (3) a statistical section, outlining a history of actual and audited revenues and expenditures, comparisons of staff and faculty assignments, unit cost information, student enrollment information, reimbursable credit hours, tax rates, and student financial aid; and (4) an appendix, describing areas and programs, degrees and certificates, agenda items, budget, and providing maps of the district and campuses, a glossary, and acknowledgements. (YKH)