Champaign City Finance Department in Champaign Illinois

Address and phone number for Champaign City Finance Department, a Finance Department, at North Neil Street, Champaign IL.

Champaign City Finance Department
102 North Neil Street, Champaign, Illinois, 61820

About the Champaign City Finance Department

The Champaign City Finance Department, located in Champaign, IL, is responsible for financial administration in Champaign. 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:
  • Champaign County government financial records
  • Champaign financial management
  • Municipal bonds and investments
  • Unclaimed property in Champaign, IL
  • Government budget reports
Champaign Government Financial Records

The Finance Department records all government financial transactions, including accounts payable, payroll, accounts receivable, and employee benefits transactions. The Champaign Department of Finance also reconciles bank statements to the general ledger to ensure Champaign government financial records are accurate. In addition to financial management services, the Finance Department creates annual financial statements detailing Champaign 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 Champaign government's financial situation.

Unclaimed Property in Champaign, IL

The Champaign City Finance Department provides information on unclaimed property located in Champaign, 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 Champaign County databases to search for unclaimed funds or property, as well as information on recovering found cash and property.

Financial Reporting & Controls

In Champaign, 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 Champaign government compliance with these internal controls.

Champaign County Government Investments

The Finance Department manages the Champaign 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 Champaign County government investments.

Government Bonds & Debt Offerings

The Champaign 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 Champaign City Finance Department for more information on Champaign government bonds and debt offerings.

Contact the Champaign City Finance Department

You may contact the Champaign City Finance Department by calling 217-403-8940, or by addressing inquiries to the office mailing address: Champaign City Finance Department, 102 North Neil Street, Champaign, Illinois, 61820.

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