Buffalo Grove Finance Department in Buffalo Grove Illinois

Address and phone number for Buffalo Grove Finance Department, a Finance Department, at Raupp Boulevard, Buffalo Grove IL.

Buffalo Grove Finance Department
50 Raupp Boulevard, Buffalo Grove, Illinois, 60089
Open Daily 5:00 PM-7:00 PM

About the Buffalo Grove Finance Department

The Buffalo Grove Finance Department, located in Buffalo Grove, IL, is responsible for financial administration in Buffalo Grove. The Finance Department oversees accounting, cash management, debt management, and investment management, including preparing financial statements and enforcing financial controls. Government financial records created by the Finance Department are available to the public.

You may contact the Department of Finance for questions about:
  • Cook County government financial records
  • Buffalo Grove financial management
  • Municipal bonds and investments
  • Unclaimed property in Buffalo Grove, IL
  • Government budget reports
Buffalo Grove Government Financial Records

The Finance Department records all government financial transactions, including accounts payable, payroll, accounts receivable, and employee benefits transactions. The Buffalo Grove Department of Finance also reconciles bank statements to the general ledger to ensure Buffalo Grove government financial records are accurate. In addition to financial management services, the Finance Department creates annual financial statements detailing Buffalo Grove government financial activities, which are available to the public. These financial statements undergo audits from an outside agency to verify their accuracy and representation of the Buffalo Grove government's financial situation.

Unclaimed Property in Buffalo Grove, IL

The Buffalo Grove Finance Department provides information on unclaimed property located in Buffalo Grove, IL. These records allow rightful owners to claim their property. The Finance Department also provides resources to identify unclaimed funds, including for heirs or beneficiaries. Contact the Finance Department for information about Cook County databases to search for unclaimed funds or property, as well as information on recovering found cash and property.

Financial Reporting & Controls

In Buffalo Grove, the Finance Department develops and implements internal controls designed to promote transparency in financial management. These controls also prevent fraud, misuse, and misappropriation of funds. The Finance Department enforces rules for approving payments, handling cash, and processing payments. During the annual audit review, an external agency reviews Buffalo Grove government compliance with these internal controls.

Cook County Government Investments

The Finance Department manages the Buffalo Grove government's investments and cash on hand. This includes balancing the need for cash on hand to cover current activities and obligations with the opportunity to maximize investment returns. The Finance Department adopts policies on cash management and investment, and it also provides information on Cook County government investments.

Government Bonds & Debt Offerings

The Buffalo Grove Finance Department manages government bonds and debt offerings, including issuing bonds to pay for infrastructure improvements and public projects. The Department of Finance must size the bond offering and create an Official Statement, which provide rating agencies with information to assign the bonds a credit rating. Contact the Buffalo Grove Finance Department for more information on Buffalo Grove government bonds and debt offerings.

Contact the Buffalo Grove Finance Department

You may contact the Buffalo Grove Finance Department by calling 847-459-2510, or by addressing inquiries to the office mailing address: Buffalo Grove Finance Department, 50 Raupp Boulevard, Buffalo Grove, Illinois, 60089.

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