State of Illinois Fiscal Year 2014/15 Budget Fix
The State of Illinois recently adopted a budget “fix” to fund services that would have been cut this year if the State had not taken any action. The State took certain money, designated to specific services, and moved it to fund other services (referred to as a “sweep”). Some of the sweeps affected revenues that the State shares […]
Adopted Budget Document
Finance staff issued the Fiscal Year 2014/15 adopted budget document and posted it on the City’s website. By creating, submitting, and transmitting the document electronically, Finance staff furthered our City’s sustainability efforts (#greenchampaign). Each year the adopted budget is submitted to the Government Finance Officers Association (GFOA) for the Distinguished Budget Award program. The City […]