Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Gurnee mayor cites strong finances and high mall traffic as pillars of local economy
Summary
In his 2025 State of the Village address, Mayor Tom Hood highlighted the village's reliance on sales-tax-generating businesses, reported population and budget figures, and praised Gurnee Mills' high occupancy and visitor numbers as central to local revenues and planning.
Mayor Tom Hood in the 2025 State of the Village address on behalf of the Village of Gurnee said the village's economic strength rests on its business community and visitor traffic, and he called for continued planning to protect reserves.
"We have a little over 30,000 residents. We have more than 1,200 businesses. We're located on a little bit over 13 square miles. We have a budget that's about $100,000,000," Hood said, framing the village's finances as complex but well managed.
Hood noted the village relies heavily on sales and visitor-driven taxes rather than a municipal property tax. "We have 23,000,000 visitors, and we can actually prove it now," he said, adding that those visitors support businesses and the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
