The Village of Schaumburg is planning to deliver a $453 million, five-year Capital Improvement Plan (CIP) that outlines strategic investment in the community’s roadways, utilities, facilities, and redevelopment areas for the next five years. The plan was approved by the Village Board on January 13 and reflects the village’s continued focus on maintaining strong infrastructure and supporting long-term community needs. Consistent with previous years, the village emphasizes its commitment to minimizing the financial impacts on local revenues by actively pursuing external funding sources. Over the next five years, Schaumburg anticipates securing more than $75 million in state and federal grants to help advance the plan.
The CIP is updated annually and serves as a comprehensive roadmap for identifying, planning and funding the village’s capital initiatives. This process ensures that infrastructure improvements are coordinated, strategically timed, and aligned with community priorities—supporting Schaumburg’s long-term growth, economic strength, and high quality of life.
For the first year, beginning May 1, 2026, $107.7 million in capital investment is planned with $25.4 million in offsetting revenue through state and federal grants. Below are highlights of the projects slated in the upcoming year: