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 […]
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 […]
Notice of Public Hearing – Fiscal Year 2019/2020 Annual Budget
NOTICE IS HEREBY GIVEN to all interested citizens that the City of Champaign will hold a Public Hearing on Tuesday, May 21, 2019, 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 2019/2020 Annual Budget, including […]
City Staff Attends Tyler Connect Conference
Three City employees – Seth Brewer (Finance), Cynthia Chandler (Information Technologies) and Daphne Greaves(Information Technologies) – attended the annual Tyler Connect Conference which was held in Dallas, Texas from April 7-10. Tyler, the software company behind the City’s financial and human resources software, uses Tyler Connect to provide opportunities for training and networking between Tyler […]