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Glenview presents largely flat 2026 operating budget; surplus rises to $1.4 million
Summary
Village Manager Andrew Formica and Finance Director Posniak told trustees the 2026 operating budget is essentially flat year over year, with projected revenues up 1.6% and an operating surplus of $1.4 million after updated revenue and expenditure adjustments.
Village Manager Andrew Formica opened the Oct. 9 workshop by telling the board the village’s corporate operating budget is “basically flat” for 2026 after departments scrubbed their requests to offset rising public safety pension and personnel costs.
Finance Director Posniak said 2026 budgeted expenditures are essentially unchanged from 2025 while revenues are expected to increase about 1.6%. After…
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