Items tagged: budget

City of Champaign’s 2015/16 Budget Invests in City’s Future

Administration Proposes Balanced Budget, Continuing Delivery of High Quality, Essential Services The City Administration is pleased to present a balanced budget that builds upon the City of Champaign’s long history of fiscal discipline. The budget allows for the continued delivery of essential City services, embraces growth, and preserves our vibrant community. The City’s AAA bond rating evidences Champaign’s…
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State of Illinois Fiscal Year 2014/15 Budget Fix

The State of Illinois recently adopted a budget “fix” to fund services that would have been cut this year if the State had not taken any action. The State took certain money, designated to specific services, and moved it to fund other services (referred to as a “sweep”).  Some of the sweeps affected revenues that the State shares…
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Distinguished Budget Award

Once again, the City’s has received the Government Finance Officers Association (GFOA) Distinguished Budget Award for the Fiscal Year 2014/15 budget document. The City has received this award annually for 24 years, which shows a strong commitment to producing the highest quality budget document that reflects the guidelines and best practices established by GFOA and…
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Adopted Budget Document

Finance staff issued the Fiscal Year 2014/15 adopted budget document and posted it on the City’s website. By creating, submitting, and transmitting the document electronically, Finance staff furthered our City’s sustainability efforts (#greenchampaign). Each year the adopted budget is submitted to the Government Finance Officers Association (GFOA) for the Distinguished Budget Award program. The City…
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City Administration Proposes Service Cuts to Address Budget Gap

The Champaign City Council will discuss the recommended Budget Strategy Implementation Plan for the current fiscal year at a Study Session on January 25th at 7:00 p.m. at the City Council Chambers, 102 N. Neil Street. City Administration will present a recommended strategy to eliminate a $2 million budget gap for the current fiscal year….
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