Sterling Finance Department in Sterling Illinois

Address and phone number for Sterling Finance Department, a Finance Department, at # 3, 212 3rd Ave, Sterling IL.

Sterling Finance Department
# 3, 212 3rd Ave, Sterling, Illinois, 61081
Mon-Fri 8:30 AM-5:00 PM

About the Sterling Finance Department

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

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

Unclaimed Property in Sterling, IL

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

Financial Reporting & Controls

In Sterling, 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 Sterling government compliance with these internal controls.

Whiteside County Government Investments

The Finance Department manages the Sterling 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 Whiteside County government investments.

Government Bonds & Debt Offerings

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

Contact the Sterling Finance Department

You may contact the Sterling Finance Department by calling 815-632-6632, or by addressing inquiries to the office mailing address: Sterling Finance Department, # 3, 212 3rd Ave, Sterling, Illinois, 61081.

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