Finance Division

Our Commitment

The Village is committed to maintaining long-term financial stability through the highest principles of governmental budgeting. This is achieved through sound financial planning, and a focus on optimizing resources and maximizing efficiencies. Over the past several years, there have been minimal tax increases to Village residents, and the fiscal year budgets continue to keep Village services affordable to the taxpayers.

Additionally, the Core Leadership Team continues to improve the annual budget to effectively communicate budget information to help individuals understand how their Village government is funded, how their tax dollars are supporting vital services, as well as the Village strategic goals and spending priorities. 

ACFR
FY Budget

Overview of the Division

The Finance Division is responsible for: accounts payable, accounts receivable, payroll, purchasing, and storm drainage tax collection. The Village Comptroller maintains the Village's capital and financial assets and investments, in addition to managing the Village’s annual budget process, various annual audits, issuance of debt, as well as the appropriation and tax levy Ordinances.

Bond Rating

The Village's current Standard and Poor's Bond Rating is A+ 

Financial Reports

Each month the Village Financial Reports are provided to the Village Board, and can be viewed on the Board Room page of the website. Additionally, you will find links to audit, budget, expenditures, salaries, and other miscellaneous documents below. 

  1. Audit
  2. Budget
  3. Miscellaneous

Annual Comprehensive Financial Report

The Annual Comprehensive Financial Report (ACFR) is a detailed financial report that includes financial statements that are audited by independent auditors, and must comply with the accounting requirements established by the Governmental Accounting Standards Board (GASB) to ensure transparency and accuracy in financial reporting.

Staff Directory