Glenview presents largely flat 2026 operating budget; surplus rises to $1.4 million

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 updates made following the first budget workshop, staff now project an operating surplus of $1,400,000. Posniak summarized the changes as additional revenue estimates (about $736,000) from retail and home-rule sales tax, telecommunication tax and ambulance billing, paired with roughly $489,000 in expenditure decreases.

Formica framed the numbers in context: “year over year, corporate fund expenses are going up point 1%... basically flat,” and credited department efforts to find efficiencies while continuing selected new initiatives such as a dispatch quality-assurance role and sustainability work.

The presentation noted a combined year-over-year increase of roughly $2.5 million in police and fire pension, salary and benefit costs that departments had to absorb. Staff described several proposed staffing and contract changes — including elimination of some vacant positions and reallocation of overtime — that helped close that gap without broad service reductions.

The board did not take final action at the workshop; staff said the revised numbers and department-level slides will be available in the posted budget binder and will guide subsequent public hearings and the eventual ordinance to adopt the 2026 budget.