COVID-19 Updates:

The Village of Mount Prospect is operating under emergency protocols dealing with the COVID-19 virus. Village Hall, Public Works, Fire Headquarters and the Community Connections Center are all closed to the public through April 7. For the latest information go to the COVID-19 page or read the latest information in the News section.

Village Finances and Reports

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Village Budget

Completed on an annual basis, the Village's fiscal year runs from January 1 to December 31. An in-depth look at Village finances, the Annual Budget document also contains an introductory "Budget-In-Brief" for those looking for an overview. 

2020 Final Cover for printer

Community Investment Program

The Community Investment Program (CIP) is the Village's plan for capital expenditures/projects over the upcoming five years. Included in this program are high-cost or long-lived, tangible assets. This report is completed on an annual basis and is presented to the Village Board for review and approval.

Annual Financial Report

Comprehensive Annual Financial Report (CAFR) document presents management's report concerning the finances of the Village. The document is prepared in conformity with Generally Accepted Accounting Principles (GAAP) and has been audited by a firm of licensed public accountants.