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Village Manager 
2026 increase

Mar 16 2026 Village board meeting

Agenda: 4.2. Motion to authorize changes to the Village of Mount Prospect/Michael J. Cassady Village Manager Employment Agreement

Village Manager Cassady’s base salary is increasing from $312,000 to $326,664 — a 4.7% raise. When adding benefits, $26,133 in deferred compensation, a $25,000 bonus, and a $12,000 vehicle allowance, his total compensation for 2026 reaches $389,797.

With federal funding cuts, rising fuel costs, and higher prices for everyday goods, many residents are asking whether it is responsible for the Village to approve one of the highest compensation packages during financially challenging times.

 

Neighboring Village Manager Compensation

Arlington Heights $328,533

Des Plaines $280,901

Palatine $353,125

Prospect Heights $197,918

Wheeling $143,000

Village Manager National Average Compensation

$115,000–$117,000 per year

Village Manager Illinois Average Compensation

$111,831 to $118,902 per year

Illinois Governor Compensation 

$177,412​

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