- Staff & Services
- Financial Reports
- Tax Levy
- Water Billing
- Place of Eating Tax
- Tax Rates
- Treasurer's Report
Description of Operations
The Finance Department consists of the Finance Director, Assistant Finance Director, and three Accounting Clerks. The Finance Director serves two roles: first he is responsible for the financial management and fiscal affairs of the Village and, second, he is responsible for the Information Technology of the Village.
The Finance Department provides an internal service function for the Village Board and administrative operations. Its mission is as follows:
Financial Management: To prepare timely and accurate financial information for analysis and decision making. Services include monthly and annual accounting, payroll, and analysis work; preparation of monthly and annual financial statements; preparation of the annual Tax Levy, and the coordination and development of the annual budget.
Cash, Investment, and Debt Management: To develop and maintain investment policies and strategies to maximize the Village’s funds while maintaining safety and liquidity, including overseeing debt structure to ensure that reasonable levels are maintained in relation to cash position and fund balances.
Information Technology: To develop and maintain the Village’s current and emerging technologies. Services include:
- Administration of the Village’s wide area network system.
- Server and workstation hardware and software support and maintenance; support of the Village’s main Financial, Community Development, and Police systems.
- Support and maintenance of the Village’s web site and emerging Internet technologies.
- Development of current and long range planning in order to keep the Village’s operations technologically up to date.
Staff & Services
|Jerry C. Sapp
(630) 654-8181 Ext. 4000
Assistant Finance Director
(630) 654-8181 Ext. 4010
Accounting Clerk - Accounts Receivable & Cash Receipts
(630) 654-8181 Ext. 4040
Accounting Clerk - Water billing
(630) 654-8181 Ext. 4030
The Finance Department consists of the Finance Director, Assistant Finance Director, and three Accounting Clerks.
The Finance Director serves two roles: management of the fiscal affairs for the Village, and management of Information Technology systems for the Village. The Finance Director supervises the department’s staff and is involved daily with budgeting, financial analysis, treasury, debt management and information technology.
The Assistant Finance Director’s primary responsibility is financial reporting and the general ledger and acts as a back-up for budgeting, financial analysis, the treasury, debt management and information technology.
Accounting/Water Billing Clerk is responsible for all matters regarding utility billing.
The Accounting/Accounts Payable Clerk is responsible for all matters regarding accounts payable and the Village’s payroll.
The Accounting/Accounts Accounts Receivable Clerk is responsible for all matters regarding accounts receivable and cash receipts.
Below are the last five years of the Village's annual budget document. The budget is developed annual by the Village Staff and Board of Trustees and represents Village's operating plan.
Annual the Village performs an audit of it's financial records by an independent audit firm. Below is the last five years of audits.
|VILLAGE OF BURR RIDGE|
|2013 PROPOSED TAX LEVY AND RATES|
|$1,042,909,564||2012 Actual EAV|
|$1,105,484,138||2013 Estimated EAV|
|2.00%||Increase In Value|
|Bond & Interest||$500,403||(3)||$515,415||0.0466|
|Estimated Limiting Rate, exclusive of Debt Service||0.1009|
|Total Dollar Amount Increase Over Last Year||$60,211|
|Total Percentage Increase Over Last Year||5.70%|
|The Truth in Taxation Law requires that a public hearing be held if the levy request exceeds 5%.|
|(1) 3% extension for loss and cost|
|(2) Based on an independent actuarial valuation dated April 30, 2013|
|(3) Required Debt Service of the 2003 General Obligation Bonds|
Thee Village Board of Trustees holds a public hearing on the second Monday of December before the passage of the Tax Levy Ordinance that sets the tax levy dollar amount. This Ordinance must be passed and filed with the respective counties by the last Tuesday in December of each year. The estimated 2012 tax levy rate is $.0928 with a debt service rate of $.0431, for a total of $.1359.
The Village conducts water billing on a bi-monthly basis. Inquiries regarding your water bill or water bill payment should be directed to the Finance Department by calling (630) 654-8181 during normal business hours. If you are unable to speak to a live person please leave a message. Your call will be returned as promptly as possible in the order it was received.
For more information about water billing, click here.
For information regarding water discrepancy billings, click here.
Place of Eating Tax
Effective May 1, 2012, the Village of Burr Ridge will impose a 1% Place of Eating Tax (Ordinance #A-383-01-12). Places of eating are required to return their completed registration form by May 1, 2012. 25% of the Place of Eating Tax proceeds will be set aside for the purpose of promoting Burr Ridge restaurants.
- Place of Eating Registration Form
- Place of Eating Tax Return Form
- Place of Eating Tax FAQ's
- Place of Eating Tax Ordinance #A-383-01-12
Municipal Tax Rates
To learn more about taxation in the Village of Burr Ridge, view Chapter Chaper 60 of the Burr Ridge Municipal Code, available on the Administration Department page.
Amusement Tax - 5%
This tax is imposed upon all amusement activities, including the purchase price of a ticket of admission, or the charges or fees imposed, on or for each person entering the premises of a place of amusement for the purpose of witnessing, viewing or participating in the amusement.
Automobile Renting Occupation Tax - 1%
This tax is imposed upon all persons engaged in the business of renting automobiles in this Village.
Automobile Renting Use Tax - 1%
This tax is imposed upon the privilege of using in this Village an automobile which is rented from a renter outside Illinois and which is titled or registered with an agency of this State's government in this Village.
Hotel/Motel Tax - 4%
This tax is imposed upon the use and privilege of engaging in the business of renting, leasing or letting of room(s) in a motel or hotel in the Village.
Place of Eating Tax - 1%
This tax is imposed upon owners of the places for eating for prepared food sold at retail.
Property Tax (see tax levy)
Several taxes make up what is commonly known as the "property tax":
Sales Tax -
Several taxes make up what is commonly known as the "sales tax":
Cook County DuPage County Municipal Retailers' Occupation Tax 1.00% 1.00% Municipal Retailers' Service Occupation Tax 1.00% 1.00% Municipal Retailers' Use Tax 1.00% 1.00% Municipal Retailers' Occupation, Service Occupation & Use Tax 0.25% 0.25% Additional State/County tax rates 5.00% 4.00% Tax Rate 8.25% 7.25%
Telecommunications Tax - 6%
This tax is imposed upon the act or privelege of originating in the Village or receiving in the Village intrastate and interstate telecommunications by a person for such telecommunications purchsed at retail from a retailer.
Utility Tax (Gas & Electricity) - 5%
This tax is imposed upon persons engaged in the business of distributing, supplyin, furnishing, or selling gas or electricity for consumption withinin the corporate limits of the Village and not for resale.