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BUILDING FOR THE FUTURE

Buffalo Grove continues to set the standard in urban planning, economic development, and fiscal responsibility. Together,
we're creating a stronger, more sustainable community for future generations.

Property and Economic

Keeping Property Taxes Flat

  • For six consecutive years, Buffalo Grove has maintained 0% increase to the property tax levy.

  • The Village has successfully kept its property tax rate flat, prioritizing financial responsibility for our residents. Highest Possible Bond Rating
     

Driving Economic Development

  • The Clove: A complete redevelopment of Town Center into a vibrant hub for residents and businesses.

  • Bison Crossing: Transformation of the old Rohrman property into a thriving space featuring a Tesla dealership, residential, and commercial developments.

  • Continued growth along the Dundee and Lake Cook Road corridors, including the groundbreaking of new developments, the opening of a new Public Works facility, and approval for the Fire Station 25 rebuild.

Bond Capital Pensions

Highest Possible Bond Rating

  • Buffalo Grove holds the AAA bond rating from Standard & Poor's- the highest rating possible.

  • This designation is held by only a handful of municipalities in the state, ensuring lower interest rates and maximizing the value of your tax dollars.

Largest Capital Investment in History

  • Launched in 2024, the Infrastructure Modernization Program (IMP) is the largest capital investment program in the Village's history.

  • Totaling $53.1 million, the program is offset by $17 million in grants, minimizing the impact on property taxes and long-term debt.

Strongly Funded Pensions and Reserves

  • Buffalo Grove exceeds the state's mandate to fund public safety pensions at 90% by 2040.

  • The Village maintains operating reserves at 35%, ensuring we're prepared for emergencies and long-term financial stability

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