Notice of Public Hearing – Fiscal Year 2020/2021 Annual Budget
NOTICE IS HEREBY GIVEN to all interested citizens that the City of Champaign will hold a Public Hearing on Tuesday, June 2, 2020, at 7:00 p.m. in the Council Chambers of the Champaign City Building, 102 North Neil Street, Champaign, Illinois, for the purpose of reviewing the City’s proposed Fiscal Year 2020/2021 Annual Budget, including […]
City of Champaign Announces Changes for April 7 City Council Meeting, Board and Commission Meetings
On April 2, 2020, Mayor Deborah Frank Feinen issued COVID-19 Related Emergency Order 20-10 in accordance with Governor Pritzker’s Executive Order suspending certain requirements of the Illinois Open Meetings Act. The Mayor’s Emergency Order allows members of the City Council to conduct their April 7, 2020, Regular City Council Meeting through an electronic platform. The […]
City of Champaign Temporarily Suspends Issuing Certain Licenses and Extends Payment Due Dates in Response to COVID-19
City of Champaign Temporarily Suspends Issuing Certain Licenses and Extends Payment Due Dates in Response to COVID-19 Because of the emergency safety measures being implemented by the City of Champaign to slow the spread of the COVID-19 virus and reduce public exposure, and in recognition that many of our local businesses may be facing financial […]
City of Champaign Temporarily Limits Public Access to City Facilities
City of Champaign Temporarily Limits Public Access to City Facilities We Are Still Open for Business and Happy to Assist You! Effective immediately, the City of Champaign is temporarily limiting public access to the Champaign Police Department, Champaign Fire Stations, the City Building, and the Public Works Department. This decision is made in the […]
City of Champaign Receives Distinguished Budget Presentation Award
CHAMPAIGN – The City of Champaign is proud to announce that for the 30th consecutive year it was awarded the Distinguished Budget Presentation Award by the Government Finance Officers Association of the United States and Canada (GFOA). The most recent award is for the City’s Fiscal Year 2019/20 Annual Budget. This award demonstrates that the […]
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 […]
Refinancing of Bonds Saves City of Champaign More Than Two Million Dollars
CHAMPAIGN – The City of Champaign recently completed the refinancing of its 2010 bonds, which will save the City a total of $2,070,105 in interest over the next ten years. The City’s excellent credit rating helped it achieve a low net interest cost on the new refinancing bonds of 1.9%. The City of Champaign holds […]
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 […]