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Glendale Heights reports revenue gains, infrastructure and public-safety investments in 2024 State of the Village

5747138 · March 7, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Village officials recapped fiscal gains, federal grants for water and sewer projects, police accreditation and multiple infrastructure projects during the March 6, 2025 board meeting.

Village President David J. Dupeze delivered the 2024 State of the Village address to the Village of Glendale Heights board on March 6, 2025, outlining a year of financial gains, infrastructure work and public-safety initiatives.

Dupeze told the board the village’s total assets rose 10.4%—from $221,000,000 to $244,000,000—and reported revenues increased by $8,000,000, from $58,000,000 to $66,000,000, in fiscal year 2024. He said the village secured and spent $12,900,000 in federal grant funds primarily for water, sewer and wastewater treatment infrastructure.

The address noted the village’s credit rating was reaffirmed at “AA 3” in February 2024 and that independent auditors highlighted the village’s reserve level—about 9.3 months of fund reserves—which the presentation said exceeds the village policy and Government Finance Officers Association guidance. Dupeze said the board again did not…

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