Finance

The Finance Department is established to provide the Village with a wide range of financial, analytical, and administrative tasks:

• Overseeing all areas of fiscal management of the Village’s financial operations including: accounting, banking, billing and collections, purchasing, personnel, benefits, taxes, assets, licensing, revenue, IT and treasury management;
• Developing the annual budget, working with the Village Manager and other Village department heads and with the approval of the Village Board;
• Preparing the Annual Comprehensive Financial Report (ACFR);
• Assuring that the Village’s financial systems meet Government Accounting Standard Board (GASB), Generally Accepted Accounting Principles (GAAP) and other appropriate standards;
• Assisting in the development, maintenance and audit of the accounting systems;
• Managing the investment portfolio of the Village.

Key Documents

• Budgets
• ACFR
• Salaries & Benefits
• Prevailing Wage Rates
• Policies & Procedures
• Municipal Food and Beverage Tax Registration Form (PDF)
• Municipal Food and Beverage Tax Return Form (Download Excel Spreadsheet)

Awards

• The GFOA Certificate of Achievement for Excellence in Financial Reporting Award
• The GFOA Distinguished Budget Presentation Award