Budget & Financials
The Village is committed to transparency and openness in its financial documents. Below you will find the following:
- Village Budgets
- Comprehensive Annual Financial Reports
- Treasurer's Reports
- Compensation & Benefits Report
- Financial Policies
- Tax Information
Village Budgets
The Budget is adopted by the Village Board and is the official financial plan for the Village's operating departments. Financial transactions of the Village are reported in individual funds- the General Fund is the operating fund of the Village and accounts for all operating departments' revenues and expenses. The budget document also contains information on existing debt service and future capital improvements. The Village's fiscal year begins on May 1st and ends April 30th.
- 2013 Budget Snapshot
- Fiscal Year 2012-13
- Fiscal Year 2011-12
- Fiscal Year 2010-11
- Fiscal Year 2009-10
- Fiscal Year 2008-09
Comprehensive Annual Financial Report (CAFR)
The CAFR presents the Village's audited financial position and activity presented in conformance with generally accepted accounting principles (GAAP).
Treasurer's Report
The Treasurer's Report is prepared by the Village's Finance Director and shows the monies received and expenses incurred during the preceding fiscal year. Click below to view previous reports:
Compensation & Benefits Report
In accordance with Illinois Public act 096-0434, the Village has made available an itemized compensation report and annual leave allotment for all full-time employees:
Financial Policies
The financial policies as approved by the Village Board illustrate the Village's policies on financial planning, revenues, expenditures, reserve, capital improvements, debt, accounting, and purchasing:
Tax Information
Click here for detailed Tax Information
- Details
- Last Updated on Tuesday, May 08, 2012
