Budgets and Capital Planning 

-The Village of Schaumburg operates under the Illinois Municipal Budget Law (50 ILCS 330/). The village's fiscal year begins May 1 of each year and ends April 30 for all funds except for the Hotel and Convention Center. The Convention Center  operates on a calendar year fiscal year to match Marriott's accounting periods.   

 

  Budget 2014 - 2015

 

Budget Cover FY 2013-2014

 

 

 

 

2011-2012

 

 

 

 

 

 

In addition to the annual budget the Village Board also adopts an annual Capital Improvement Plan. The FY2016-FY2020 Plan is currently being considered by the Village Board.

View the DRAFT Capital Improvement Plan.

The first year of the plan is incorporated into the annual budget and the remaining five years of the plan are used for planning purposes.  Projects may change from year to year depending on needs and funding opportunities.

 
101 Schaumburg Court, Schaumburg, IL 60193-1899
P: 847.895.4500

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