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 Village also releases a Comprehensive Annual 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.