Budget Discussions for Proposed FY2025

October 25, 2024

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The Proposed Fiscal Year 2025 Budget is ready for review. There will be opportunity for dialogue among community members, the Village Council, and staff at a series of public meetings. We invite you to join the budget discussions during Village Council meetings, starting November 12, 2024.

a road lined by trees in fall colors with a yield sign that says 2025 Ahead.

The budget serves as the implementation plan of the Village’s mission and strategic goals, specifically the goal to be a Steward of Financial, Environmental and Neighborhood Sustainability.

In keeping with these goals, the Proposed FY25 Budget is sustainable with a balanced general fund. 

Here are a few highlights: 

  • Sustainable General Fund: Revenues of $64.9 million and expenses of $64.5 million. 
  • $25.1 Million Investment in Infrastructure: The investment includes: $7.2 million in streets, $6.1 million in water, $5.8 million in stormwater, $2.1 million in traffic systems, $1.5 million in sidewalks, $1.0 million in parking and $1.0 million in Village facilities maintenance.
  • Downtown Streetscape Improvements: $1.25 million in the Capital Projects Fund for improvements to the Downtown Streetscape.
  • Funding for Economic Development Corporation and Downtown Management Corporation: The proposed budget includes $625,000 in funding for the Downers Grove Economic Development Corporation and $425,000 in funding for the Downtown Management Corporation. 


Downers Grove Economic Development Corporation Key Performance Indicators (KPIs)

Downtown Downers Grove Management Corporation



An overview of the Proposed FY25 Budget and the Budget Review and Approval Schedule is included in Section 1, below.

Proposed Fiscal Year 2025 Budget

Budget Schedule

Except where noted, discussions will be at a Village Council Meeting.