Pekin City Finance Department in Pekin Illinois

Address and phone number for Pekin City Finance Department, a Finance Department, at South Capitol Street, Pekin IL.

Pekin City Finance Department
111 South Capitol Street, Pekin, Illinois, 61554

About the Pekin City Finance Department

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

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

Unclaimed Property in Pekin, IL

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

Financial Reporting & Controls

In Pekin, 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 Pekin government compliance with these internal controls.

Tazewell County Government Investments

The Finance Department manages the Pekin 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 Tazewell County government investments.

Government Bonds & Debt Offerings

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

Contact the Pekin City Finance Department

You may contact the Pekin City Finance Department by calling 309-477-2305, or by addressing inquiries to the office mailing address: Pekin City Finance Department, 111 South Capitol Street, Pekin, Illinois, 61554.

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