Each year, Village staff develops a budget, which is then reviewed and adopted by the Village Board. This budget is a planning document that directs project management and dictates where monies will be spent. The Village’s budget year runs from May 1 through April 30.
The Transparency in Coverage final rule, released on 10/29/20, requires health plans and carriers to publicly disclose pricing information via machine-readable files (MRFs). MRFs are intended for third party technology developers, as they are written in computer code, not English. Click here for the NSEBC’s MRFs: https://www.bcbsil.com/asomrf?EIN=363527914
The Village also releases an Annual Comprehensive Financial Report each year. This report is required by the Governmental Accounting Standards Board, and provides an overview of the financial statements according to generally accepted accounting principles.