Urbana Finance Department in Urbana Illinois

Address and phone number for Urbana Finance Department, a Finance Department, at S Vine St, Urbana IL.

Urbana Finance Department
400 S Vine St, Urbana, Illinois, 61801

About the Urbana Finance Department

The Urbana Finance Department, located in Urbana, IL, is responsible for financial administration in Urbana. 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
  • Urbana financial management
  • Municipal bonds and investments
  • Unclaimed property in Urbana, IL
  • Government budget reports
Urbana Government Financial Records

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

Unclaimed Property in Urbana, IL

The Urbana Finance Department provides information on unclaimed property located in Urbana, 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 Urbana, 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 Urbana government compliance with these internal controls.

Champaign County Government Investments

The Finance Department manages the Urbana 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 Urbana 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 Urbana Finance Department for more information on Urbana government bonds and debt offerings.

Contact the Urbana Finance Department

You may contact the Urbana Finance Department by calling 217-384-2368, or by addressing inquiries to the office mailing address: Urbana Finance Department, 400 S Vine St, Urbana, Illinois, 61801.

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Finance Departments
Champaign City Finance Department