VILLAGE OF BUFFALO GROVE, ILLINOIS

Management’s Discussion and Analysis (Unaudited)

December 31, 2022

CONTACTING THE VILLAGE’S FINANCIAL MANAGEMENT

This financial report is designed to provide our citizens, customers, investors, and creditors with a general overview of the Village’s finances and to demonstrate the Village’s accountability for the money it receives. Questions concerning this report or requests for additional financial information should be directed to Chris Black, Director of Finance or Christine Berman, Deputy Director of Finance, Village of Buffalo Grove, 50 Raupp Boulevard, Buffalo Grove, IL 60089.

Basic Financial Statements

ThebasicfinancialStatementsincludeintegratedsetsoffinancialstatementsasrequiredbytheGASB.The sets of statements include:

•Government-Wide Financial Statements

•Fund Financial Statements

Governmental Funds

Proprietary Funds

Fiduciary Funds

Inaddition,thenotestothefinancialstatementsareincludedtoprovideinformationthatisessentialtoauser’s understanding of the basic financial statements.