The Finance Department is tasked with the management of the financial and accounting services of the Village. The department coordinates the responsibilities for the following duties:
- Preparation of the annual budget
- Preparation of the annual property tax levy
- Coordination and facilitation of the annual audit
- Investment of Village funds
- Reporting requirements, including TIF districts
- Bi-weekly payroll
- Accounts payable processing
- Accounts receivable processing
- Utility billing
The Finance Department is dedicated to providing high-quality financial services through its commitment to excellence, integrity, and department collaboration. It strives to promote better services, enhanced performance, and maximum accountability. The department takes pride in its service to the Village's elected officials, fellow employees, and the residents and visitors within the community.
The Village of Channahon is a recipient of the Government Finance Officers Association of the United States and Canada (GFOA) Certificate of Achievement for Excellence in Finance Reporting Award. The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. The Village of Channahon has received this award from GFOA for the past 18 years.
The Village has also received the Certificate of Achievement for Excellence in Finance Reporting Award from GFOA for the Popular Annual Financial Report. The Village has been privileged to receive this award for three consecutive years.