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Special Village Board of Trustees
Budget Meeting #2 Agenda
Village of Cary
March 10, 2026 – 6:00 PM
Cary Municipal Center Board Room
755 Georgetown Drive, Cary, IL 60013
Agenda
I. Call to Order
II. Roll Call
III. Pledge of Allegiance
IV. Open Forum
Open Forum is an opportunity for the public to address the Village Board of Trustees about issues not
otherwise on the agenda. The Village Board welcomes public comment at its meetings. Each speaker is
limited to a total of three (3) minutes to ensure that other members of the public can speak and allow
time for official Village business to occur. No person may assign their time to any other person. Those
wishing to address the Board during Open Forum are encouraged to provide their contact information on
the sign-in sheet so they can be recognized and called to the podium. The Board will not respond to
public comments during Open Forum. When appropriate, the Mayor will refer the issue to the
appropriate staff member for follow-up. Responses will be made by Village staff to the email or
telephone number provided on the sign-in sheet at the meeting. For the complete details of the Village's
Open Forum policy, refer to the sign displayed at the sign-in table in the Village Board room.
V. Consent Agenda
I will entertain a motion to approve Consent Agenda Item A as shown on the Village
website and as displayed on the video monitor during the Village Board meeting.
A. Consider for Approval a Resolution Authorizing Participation in the Northern
Illinois Municipal Electric Collaborative (NIMEC) Bid Process for Street Lights
and Authorizing the Village Administrator to Approve a Contract with the
Lowest Cost Electricity Provider for a Period up to 36 Months
VI. Review of Fiscal Year 2026/2027 Draft Budget
A. Review of Fiscal Year 2026/2027 Draft Budget
VII. Executive Session:
Personnel: Appointment, Employment, Compensation, Discipline, Performance or
Dismissal of Specific Employees, 5 ILCS 120/2(c)(1)
VIII. Adjourn
The Village of Cary is subject to the requirements of the Americans with Disabilities Act of 1990. Individuals with disabilities who plan to attend this
meeting and who require certain accommodations so that they can observe and/or participate in this meeting, or who have questions regarding the
accessibility of the meeting or the Village’s facilities, should contact Village Hall at (847) 639-0003 [TDD (630) 845-2180] promptly to allow the Village
to make reasonable accommodations for those persons. 1

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March 10, 2026
Village Board of Trustees
Agenda Item: Consider for Approval a Resolution Authorizing Participation in the
Northern Illinois Municipal Electric Collaborative (NIMEC) Bid
Process for Street Lights and Authorizing the Village Administrator
to Approve a Contract with the Lowest Cost Electricity Provider for
a Period up to 36 Months
Type: Resolution
Report From: Administration
Motion: I will entertain a motion to approve a resolution authorizing
participation in the Northern Illinois Municipal Electric Collaborative
(NIMEC) bid process for street lights and authorizing the Village
Administrator to approve a contract with the lowest cost electricity
provider for a period up to 36 months.
Introduction
On December 16, 1997, the State of Illinois implemented a plan to deregulate
Commonwealth Edison (ComEd), allowing power to be purchased through any of the ICC-
approved power suppliers.
The Village has worked with the Northern Illinois Municipal Electric Collaborative (NIMEC)
since 2010. NIMEC has assisted in the purchase of power for Village water facilities and
street lights. NIMEC receives competitive bids for the combined street light load with
Constellation (owned by Exelon), Dynegy and MC Squared. ComEd only offers a fixed rate
for street lighting for small sized accounts. In previous years, NIMEC’s pricing has been
lower than ComEd’s fixed rate for small accounts.
Because of the way the bidding process works, the Village Administrator requires the
authority to sign a contract with the lowest cost electricity supplier on the same day that the
bid is received by NIMEC. The resolution attached for Village Board consideration directs
the Village Administrator to engage the services of NIMEC and authorizes the Village
Administrator to execute a contract with the successful energy supplier upon receipt of the
bids by NIMEC. This year's group bid will take place on March 11, 2026.
Staff Analysis
Staff recommends authorizing the Village Administrator to execute a contract with the lowest
responsible electricity provider for a period of up to a 36-month term.
Exhibits
A - Resolution
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EXHIBIT A
RESOLUTION NO. R26-03-__
A RESOLUTION AUTHORIZING PARTICIPATION IN THE NORTHERN ILLINOIS MUNICIPAL
ELECTRIC COLLABORATIVE (NIMEC) BID PROCESS FOR STREET LIGHTS AND AUTHORIZING
THE VILLAGE ADMINISTRATOR TO APPROVE A CONTRACT WITH THE LOWEST COST
ELECTRICITY PROVIDER FOR A PERIOD OF UP TO 36 MONTHS
ADOPTED BY THE MAYOR AND BOARD OF TRUSTEES
OF THE VILLAGE OF CARY THIS 10th DAY OF MARCH 2026
Published in pamphlet form by
authority of the Mayor and
Board of Trustees of the Village
of Cary, McHenry County, Illinois
this 10th day of March 2026.
WHEREAS, the Village of Cary has previously joined the Northern Illinois Municipal
Collaborative (NIMEC) for the purpose of procuring electricity through a cooperative pool in
order to receive a more competitive bid price on electricity; and
WHEREAS, NIMEC’s membership consists of 125 northern Illinois municipalities, utilizing
the collective usage of its members and leverages the combined usage with suppliers to negotiate
pricing lower than what individual members could negotiate on their own; and
WHEREAS, the Village, though its participation in the NIMEC bid process, has previously
entered into contracts with the lowest bidder for electricity for the Village’s street light facilities;
and
WHEREAS, NIMEC will price out small accounts, compare to ComEd’s fixed rate, and move
the Village’s small accounts to the lower of NIMEC’s price or ComEd’s; and
WHEREAS, the Village Administrator requires the authority to sign a contract with the
electricity provider which is deemed most favorable for the Village within hours of the bids being
received by NIMEC and determine if the desired contract should be for a 12, 24 or 36-month
term.
NOW, THEREFORE, BE IT RESOLVED that in light of the time constraints applicable to the
acceptance of a competitive bid for a supply of electricity, once the bids are received by NIMEC,
the Village Administrator is hereby authorized to sign the contract with the lowest cost electricity
provider.
SECTION 1: That the above recitals are incorporated as if fully set forth herein.
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SECTION 2: If any part of this Resolution shall be invalid for any reason such finding
shall not affect the validity of the remaining portion of this Resolution.
SECTION 3: This Resolution shall be in full force and effect from and after its passage
and approval according to law.
PASSED THIS 10th DAY OF MARCH 2026
AYES:
NAYS:
ABSTAIN:
ABSENT:
APPROVED THIS 10th DAY OF MARCH 2026
Mark Kownick, Mayor
ATTEST:
Nicole Collingbourne, Deputy Village Clerk
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March 10, 2026
Village Board of Trustees
Agenda Item: Review of Fiscal Year 2026/2027 Draft Budget
Type: Discussion
Report From: Administration
Introduction
On January 27, 2026, the Village of Cary presented and discussed the update to the 5-year
Capital Improvement Plan (CIP). The CIP will continue to be updated on an annual basis
and will be used as a planning tool to provide a multi-year vision of the Village’s future
capital needs. The next step in the budget process is the review of the draft General Fund
budget along with all other Village funds.
The Village of Cary’s annual budget is the policy document that sets the financial direction
and service priorities for the Village. The budget serves as an important planning tool for
sound fiscal management. The budget workshop will allow the public and the Village Board
of Trustees to preliminarily review the anticipated revenues and proposed expenditures for
fiscal year 2026/2027.
The Village is pleased to present a BALANCED Fiscal Year 2026/2027 budget proposal.
The Village’s major revenue sources to the general operating fund from property tax, income
tax, and sales tax continue to be positive.
Another positive factor impacting the Village’s financial position is that the current
unassigned fund balance is projected to be 56% at the end of the current fiscal year that
ends April 30, 2026.
While the Village continues to operate efficiently and with a focus on financial stability, there
are certain challenges that will also be presented at the budget workshop. These challenges
include the need for a sustainable revenue source to fund future infrastructure projects and
major equipment replacements and the challenges with a projected decrease in annual
Motor Fuel Tax revenue to maintain roadway pavement conditions to the desired level.
Village staff will make any necessary adjustments to the budget based on Village Board
feedback after the workshop. The Fiscal Year 2026/2027 budget is anticipated to be brought
to the Village Board for final consideration on April 7, 2026.
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