VILLAGE OF BUFFALO GROVE, ILLINOIS

Management’s Discussion and Analysis (Unaudited) December 31, 2022

The Village’s combined net position increased by $5.9 million as a result of governmental activities decreasing by $6.2 million and business-type activities increasing by $12.1 million. The net position of the Village’s governmental funds was $30.5 million. The Village’s unrestricted net position for governmental activities that are available for day-to-day financial operations were ($30.0) million compared to ($19.6) million at December 31, 2021. The net position of business-type activities was $76.6 million. The business type activities unrestricted net position increased by $2.2 million from the previous year.

Village of Buffalo Grove's Net Position (in Millions)*

*Values may differ from financials due to rounding.