BolingbrookState of the Village

January 13th, 2011

Roger C. Claar, Mayor

• Business Licenses up 558%•Annual Retail Sales up 601%•30.5 Million Square Feet of Industrial Built•27,668 Jobs Created •10,668 New Homes Permitted and Built

0

20,000

40,000

60,000

80,000

100,000

1986 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2007 2008 2009 2010

0.0

5.0

10.0

15.0

20.0

25.0

30.0

1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2007 2008 2009 2010

In Square Miles

GROWTH IN SQUARE MILES GROWTH IN ACRES

GROWTH IN POPULATION

Build Out: 27.32010: 25.65

In Acres

Build Out: 17,4772010: 16,397

Build Out: 88,4032010: 71,512

Build Out

Build Out

Build Out

2

0

5

10

15

20

25

30

35

40

0

200

400

600

800

1,000

1,200

1,400

1,600

0

5,000

10,000

15,000

20,000

25,000

30,000

JOB CREATION

BUSINESS LICENSES INDUSTRIAL BASE

27,668 JOBS

Build Out: 35,734,649

2010: 30,513,9091,340 LICENSES

In Millions of Square Feet

Build Out

3

Salisbury By Honeywell

0 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000

Bolingbrook

Romeoville

Woodridge

Lemont

Elwood

30,513,909

23,750,887

11,153,894

4,427,458

8,024,165

TOTAL INDUSTRIAL INVENTORY

In Square Feet

(Center Point)

4

Supreme Lobster

Diageo

Wingfoot Tires

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

0

100

200

300

400

500

600

700

800

900

NEW HOUSING STARTS

RESIDENTIAL UNITS

101

5

McKenzie Falls

McKenzie Falls

73%

17%10%

SF Detached 17,082

SF Attached 3,878

Apartments 2,384

65%

22%

13%

SF Detached 8,017

SF Attached 2,650

Apartments 1,601

1986 – 35% of a l l h ou s ing stoc k ap artments or attac h ed h ou s ing .2010 – 27% o f a l l h o u s ing sto c k ap artments o r attac h ed h o u s ing .

12,268 Total Units in 1986 23,344 Total Units in 2010

HOUSING STOCK COMPARISON

6

0.00% 5.00% 10.00% 15.00% 20.00% 25.00%

Bolingbrook

North Suburbs

West Suburbs

Kane County

South Suburbs

6.50%

5.70%

18.00%

20.60%

PERCENTAGE OF RETAIL VACANCIESTotal Bolingbrook Retail Inventory: 6,,525,979 sq ft

6.0% - 373,808 sq ft

7

Sou

rce:

CB

Ric

har

d E

llis

Q3

20

07

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

1986 1988 1990 1992 1996 1998 2000 2002 2004 2006 2007 2008 2009 2010

RETAIL BASEBuild Out: 7,568,779 sq ft

In Square Feet

Build Out

8

Total Retail: 6,525,979 sq ft Charming Charlies

$0

$5

$10

$15

$20

$25

$0

$200

$400

$600

$800

$1,000

$1,200

RETAIL SALES

SALES TAX REVENUE

$1,060,000,000

Total amount of Retailers’ Gross Taxable Sales

In Millions of Dollars

$23,200,000

In Millions of Dollars

9

Julian’s Plaza

Julian’s Plaza

$0.00

$2.00

$4.00

$6.00

$8.00

$10.00

$12.00

$14.00

$16.00

$18.00

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

0%

5%

10%

15%

20%

25%

30%

35%

40%39%

17%

12%9%

3%

0%

3%

0% 1% 0%

15%17%

39%

5%

12%

2% 3%3% 3%

1% 2%

12%

FY 1986-87 Operating Budget FY 2010-11 Operating Budget

EQUALIZED ASSESSED VALUATION

REVENUE SOURCE COMPARISON

TOTAL VILLAGE LEVY

1.) GRANTS 2.)PERMITS/FEES 3.)LICENSES/FINES/TAP-ONS

In Millions of DollarsEAV is Calculated @ 1/3 Market Value

Market Value of Community: $589,000,000 (1986) / $6,850,000,000 (2010)

$2,266,000,000EAV

In Millions of Dollars

$15,110,000

10

$0.00

$0.50

$1.00

$1.50

$2.00

$2.50

1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010

Per $100.00 EAV

PROPERTY TAX RATE

11

30.4%20.4%

6.8%

14.0%

1.4%

8.6%10.8%

4.1%

1.8%1.7%

Police (30.4%)

Fire (20.4%)

Capital Improvements (6.8%)Public Works (14.0%)

Reserves (1.4%)

Refuse Collection (8.6%)

Executive (10.8%)

Finance & Administration (4.1%)Community Development (1.8%)Information Technology (1.7%)

8.43%6.19%

5.50%

67.18%

2.91%

6.83%

2.06%

0.90%

Village of Bolingbrook (8.43%)

Bolingbrook Park District (6.19%)

Fountaindale Public Library (5.5%)

Valley View School District #365-U (67.18%)

Joliet Junior College #525 (2.91%)

Will County (6.83%)

Will County Forest Preserve (2.06%)

DuPage Township (0.9%)

$0 $100 $200 $300 $400 $500 $600

19

86

19

90

19

94

19

98

20

02

20

06

20

08

20

10

EXPENDITURE BY DEPARTMENT

COST FOR VILLAGE SERVICES

WHERE DO YOUR PROPERTY TAXES GO?

$500

Per Average Household

Percentages are Representative of Will County Tax Code 1214

In 1986, Bolingbrook represented 22% of the tax bill. Today, that number has fallen to 9.01%.

12

Bolingbrook:

A 6.85 Billion Dollar Community, up from600 million in 1986!

Village of Bolingbrook

2010 Fact Sheet

Est. Population: 71,512

Est. Racial Makeup (per U.S. Census):White: 50.4%African-American: 20.2%Hispanic/Latino 22.9%Asian: 10.6%

Indian/Pakistanis: 2.0%Filipino: 3.5%Mixed/Other: 2.8%Chinese: 1.0%Korean: 0.4%Vietnamese: 0.3%Japanese: 0.1%

Residential Units: 23,344Single Family Detached: 17,082Single Family Attached: 3,878Apartments and Sr. Housing: 2384

Market Value of Village: $7.08 Billion

Equalized Assessed Value: $2.36 Billion

Total 2009 Levy: $14.63 Million

Data Current as of January 2011

Total Acres: 16,397

Square Miles: 25.65

Miles of Street:Centerline Miles: 296Lane Miles 729

Storm Sewers: 331 Miles

Sanitary Sewers: 247 Miles

Sidewalks: 580 Miles

Streetlights: 4809

Traffic Signals: 55

Retention/Detention Ponds: 196

Street Signs: 17,573

Wastewater Reclimation: 7.84 mgdRoyce Road Facility: 2.04 mgdBoughton Road Facility: 3.00 mgdIndian Boundary Facility: 2.80 mgd

Roger C. Claar, MayorState of the Village ~ January 13th, 2011

Village Clerk

Carol S. Penning

Trustees

Leroy J. BrownMichael T. LawlerRicardo MoralesJoseph B. Morelli

Patricia E. SchanksSandra S. Swinkunas

Statistical Information Provided By:James S. Boan, Village AttorneyNannette M. Higens, Assistant to the MayorMichael J. Drey, Director of Public WorksKevin McCarthy, Chief of PoliceDave Litton, Fire ChiefDennis J. Kowalczyk, Director of Community DevelopmentRosa Cojulun, Director of FinanceBrenda Ladipo, HR/IT Director and Staff

All data has been compiled by the Village of Bolingbrook unless otherwise noted.

Dale W. McClannahan, Event ProductionBCT Channel 6 Volunteers, VideoJames Farrell, Presentation & HandoutsLuis Collazo, Village Maps

For more information on today’s presentation, please contact:Mayor Roger C. Claar

Phone: (630) 226-8412 Fax: (630) 226-8409375 West Briarcliff Road, Bolingbrook, Illinois 60440