Finance
ACCOUNTING
FY 2008 Comprehensive Annual Financial Report (5MB)
FY 2007 Comprehensive Annual Financial Report (12MB)
FY 2006 Comprehensive Annual Financial Report (1MB)
FY 2005 Comprehensive Annual Financial Report (5MB)
FY 2004 Comprehensive Annual Financial Report (5MB)
The Accounting staff records transactions to present the financial position of the City's funds in accordance with generally accepted accounting principles (GAAP) promulgated by the Government Accounting Standards Board (GASB).
The staff compiles appropriate interim financial information to facilitate management control of financial operations and prepares the Comprehensive Annual Financial Report (CAFR).
The division also oversees various special audits of the City's financial records as well as preparing both the Police and Firefighter's Pension Fund's Annual Statements to be filed with the Illinois Department of Insurance.