A Message from the Village President

It is with great pleasure that the Village of Buffalo Grove presents the annual “Citizenʼs Guide to Local Financial Activities” for the fiscal year ended December 31, 2021. I take pride in the ability to deliver the residents of Buffalo Grove with an overview of the Villageʼs progress and financial performance that is both transparent and easily understood. This report is a summary of the financial activities of the Village and is not intended to replace the Annual Comprehensive Financial Report (ACFR). The full disclosure financial statements, or ACFR, can be found on the Villageʼs websiteatwww.vbg.org/financialreports.

Analysis conducted within this report outlines growth drivers, capital projects and summarized financial and trend data. The presentation of financial information in the report has been derived from audited financial statements and conforms to generally accepted accounting principles (GAAP) and related reporting standards.

The Village continues to prioritize financial transparency and open communication with its residents and businesses. I hope the information and data contained in this 2021 guide to local financial activities provides you with a snapshot of the challenges and opportunities the Village of Buffalo Groveismanagingtodayandintothefuture.

Sincerely,

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