Budget and Financial Information

2024 Budget Banner

2024 Proposed Budget and Financial Plan

The 2024 Budget and 2024-2026 Financial Plan provide the resources necessary to ensure the continuation of high quality City services. The information presented reflects the City's longstanding investment in services, infrastructure, capital improvement and recreational and entertainment amenities. 

The 2024 budget proposes expenditures in the amount of $358,615,990. The City's 2024 fiscal year covers the period from January 1, 2024, through December 31, 2024. 

The City is pleased to present the 2024 Proposed Budget using ClearGov digital budget book software, which provides a budget book that is optimized for online viewing. This new software allows for translation and printing capabilities directly from the online budget. 

2024 Proposed Budget and Financial Plan—Online (best viewed on desktop or tablet).

2024 Proposed Budget and Financial Plan - Full Document (PDF) 

2024 Budget Meeting Calendar

Wednesday, November 8, 5:00 p.m., Council Chambers, City Hall

Wednesday, November 15, 5:00 p.m., Council Chambers, City Hall

Wednesday, December 6, 6:00 p.m., Council Chambers, City Hall

Wednesday, December 20, 6:00 p.m., Council Chambers, City Hall

Can't attend in person? Tune in live on the City's YouTube channel.

2023 Adopted Budget and Financial Plan

Read the 2023 Adopted Budget and Financial PlanThe 2023 budget works to align investments with the priorities Elgin residents identified in the most recent community survey, as well as the city’s strategic plan.

Provide Your Input

We want to know about your priorities for the 2024 budget and your thoughts on how the City is managing its finances on your behalf. Your input will help inform the development of the final budget, scheduled to be presented to Council in mid-December 2023. Here are some ways you can get involved:

Join the Discussion

Join the Budget Discussion

Want to learn more about the budget? Watch a brief video describing how the City of Elgin develops its annual budget and financial plan.