The Village of Glenview

2020 Village Budget

The Village Board of Trustees on December 3, 2019 adopted the Village's budget for the coming fiscal year, which runs from January 1, 2020 to December 31, 2020.

All meetings prior to the adoption took place at Village Hall, 2500 East Lake Avenue, and were open to the public. Here's the 2020 budget review and adoption schedule; staff reports and other documentation were added as they became available:

  • 7 p.m. Monday, September 12, 2019 -- Financial overview; Capital Improvements Program (CIP) budget

The Village Board of Trustees heard an overview of the Village Corporate Fund draft budget. As part of the discussion, the board supported maintaining an unassigned cash fund balance in 2020 equal to 35 percent to 45 percent of the current year's total Corporate fund expenditures, up from 30 percent to 40 percent. The board supported using unassigned fund balance to boost the proposed $22.5 million 2020 Capital Improvements Program. And the board affirmed its earlier direction to increase police and fire pension funding in order to stabilize contributions in future years.

The board gave direction to include special appropriations totaling $360,095 in the 2020 Village Budget to four social service agencies

  • 7 p.m. Monday, September 24,  2019 – Operating budget

The Village Board of Trustees heard presentations about the preliminary Glenview Public Library operating fund; the overall Village financial picture; an overview of the Corporate Fund, from which most daily operating costs are funded; reports from each operating department; and proposals for internal service fund spending, which include the Capital Equipment Replacement Fund (CERF), Facilities Repair and Replacement Fund (FRRF), and the Insurance and Risk Fund.

  • 5:30 to 7 p.m. Wednesday, October 9, 2019 -- Capital Improvements Program Open House
  • 7 p.m. Monday, October 29, 2019 – Other budgets

The Village Board of Trustees heard presentations about the updated Corporate Fund, 2019 Tax Levy, Water and Sanitary Sewer rates, Permanent Fund and TIF funds, the updated Capital Improvement Program (CIP), elected officials compensation and the state of Illinois proposal to consolidate public safety pensions.

The Village Board of Trustees held a public hearing regarding the proposed 2019 tax levy and preliminarily adopted the proposed levy ordinance, the 2019 property tax abatement ordinance; adopted on first reading the 2019 property tax levy for 25 Special Service Areas; and preliminarily amended the Glenview Municipal Code relating to fees to be charged by the Village of Glenview in 2020.

The Village Board of Trustees held a public hearing regarding the 2020 Village budget and then adopted the budget; adopted the final 2019 tax levy; and adopted abatement ordinances on final reading.