The Downtown Strategic Plan (DSP), adopted in October 2009, creates a vision for the future of downtown Glen Ellyn. The DSP recommends an implementation plan, as well as a variety of funding sources, in order to fulfill this vision. One critical funding source recommended for consideration was the designation of the Central Business District as a Tax Increment Financing (TIF) district. Based upon this recommendation, the Village contracted with Ehlers & Associates to complete a feasibility study. The study concluded that the Central Business District is eligible to be designated as a TIF District.
Over the course of 10 months, the Village worked with Ehlers and Associates to draft the required documents and hold public meetings. On January 9, 2012, the Village Board held a public hearing to solicit feedback on the proposed TIF District from Glen Ellyn residents. On February 13, 2012, the TIF District was formally approved by the Village Board by a vote of 5-0.
Please find on this page information and documents related to the TIF District, as well as an Interested Parties Registry. Should you have any questions regarding the TIF District, please contact Kristen Schrader, Assistant to the Village Manager, at 630-469-5000.