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.