Caren Cosby

This document, titled 'State of the Village - 2026', outlines the current status and future direction for the Village of Glen Ellyn. It highlights key focus areas including engaging with residents, businesses, and employees; maintaining strong financial stability through prudent management and diverse revenue streams; and enhancing quality of life/progress. The report references the concluded 2020-2025 strategic plan with priorities such as Financial Sustainability, Workforce & Operations, Development, Infrastructure, and Effective Governance, while also announcing the ongoing development of a new 2026-2030 Strategic Plan.

This strategic plan action report for the Village of Glen Ellyn details progress on its 2020-2025 strategic objectives. The plan is structured around key pillars: ensuring financial sustainability, fostering economic development and business retention, promoting effective governance and citizen participation, building an innovative and high-performing workforce, and enhancing infrastructure through capital projects and facility improvements. It aims to maintain financial stability, support community growth, improve public services, and invest in critical infrastructure.

The budget transmittal covers the recommended budget for the Village of Glen Ellyn for Fiscal Year 2026, detailing financial and non-financial goals. It includes a financial scorecard comparing the Village's performance to its peers, highlighting its strong financial position with less debt and lower pension liabilities. The budget consists of 17 different funds, divided into capital and operating components. Key strategic priorities include financial stability, infrastructure and economic development, and workforce development. The budget also addresses personnel costs, capital projects, cash reserves, and specific fund highlights such as the General Fund, Fire Services Fund, Water and Sanitary Sewer Fund, Parking Fund, Village Links/Reserve 22 Fund, and Police Pension Fund.

The Village of Glen Ellyn's 2020-2025 Strategic Plan focuses on financial stability through diversified revenue sources and grant applications, effective governance via redevelopment agreements and inter-agency collaboration, and infrastructure improvements, including the Train Station and Pedestrian Tunnel Project. It also prioritizes workforce development, community development software implementation, and quality of life enhancements through sustainability studies and public art initiatives. The plan addresses infrastructure needs, such as lead line replacements, and supports cultural projects like the McKee House renovation.

The CY2020-25 Strategic Plan for the Village of Glen Ellyn focuses on financial stability through additional revenue sources and grants, effective governance by finalizing redevelopment agreements and selling properties, and development by advancing the Roosevelt Rd./Taft Ave. property. It also prioritizes infrastructure improvements, workforce development, and quality of life topics such as sustainability and public art.