Items tagged: Finance

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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City of Champaign Bond Refinancing

The Finance Department will propose that the City refinance the 2008 General Obligation bonds to save an estimated $490,000 over the next eleven years. The City issued the 2008 bonds to finance a portion of the downtown parking deck, so the refinancing will reduce future expenditures in that fund. This would make the fourth time that the City…
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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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