Category: Finance Department News

City Receives Another Clean Audit Opinion

During the City Council meeting on January 28, 2020, the City’s independent auditor expressed the opinion that the City’s Comprehensive Annual Financial Report (CAFR) for fiscal year 2018/19 fairly presents the financial position of the City in all material respects and in conformity with generally accepted accounting principles in the U.S.  In other words, the […]


NOTICE OF PROPOSED PROPERTY TAX INCREASE FOR THE CITY OF CHAMPAIGN, ILLINOIS

I. A public hearing to approve a proposed property tax levy increase for the City of Champaign for 2019 will be held on November 19, 2019 at 7:00 pm at the City of Champaign Council Chambers, 102 N. Neil Street, Champaign, IL 61820. Any person desiring to appear at the public hearing and present testimony […]


City of Champaign’s Excellent AAA Debt Rating Affirmed

The City of Champaign has once again received the highest rating possible from two financial industry leaders.  In its most recent report, Fitch Ratings affirmed the City’s AAA bond rating, with a stable outlook.  The City’s debt also carries a triple-A rating with a stable outlook from Moody’s Investors Services.  This is the sixth consecutive […]


Finance Staff Member Appointed to IGFOA Board

At the recent Illinois Government Finance Officers Association (IGFOA) conference, Administrative Services Supervisor Jennifer Johnson was appointed to the IGFOA Executive Board as a Member-At-Large.  The appointment is a two-year term and her primary responsibilities include serving as a liaison to the Conference Planning Team and working with committee chairs to develop avenues for professional […]


Finance Department Staff Present at IGFOA Conference

City of Champaign Finance Department staff members Kay Nees and Jennifer Johnson recently attended the annual Illinois Government Finance Officers Association Conference.  The conference was held in Bloomington, Illinois, and the theme was “Achieving Excellence Together”.  Kay and Jennifer also presented the topic, “Online Payments for Self-Reported Taxes” where they shared information on developing a […]


City of Champaign Recognized for Financial Reporting

The City of Champaign is proud to announce that it has once again been awarded a Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for the City’s Comprehensive Annual Financial Report (CAFR). The Certificate of Achievement is the highest form of recognition […]


City Staffers Attend Women’s Legacy Conference

Three City employees – City Manager Dorothy Ann David, Deputy City Manager Joan Walls, and Financial Services Manager Courtney Kouzmanoff – attended the 8th annual Women’s Legacy Conference in Naperville on May 17.  The theme of this year’s conference was “Breaking Through Barriers.” The conference was hosted by the Legacy Project, an organization dedicated to […]


Finance Staff attend 113th Annual Government Finance Officers Association Conference

City of Champaign Finance Director Kay Nees and Financial Services Manager/City Accountant Carrie Siems attended the 113th Annual Government Finance Officers Association (GFOA) Conference at the Los Angeles Convention Center in Los Angeles from May 19-22, 2019.  The event featured three keynote speakers – Charmaine Brown, James and Deborah Fallows, and Peter Bregman, who presented […]