- Other Financial Reports
Other Financial Reports
Annual Account of Receipts and Disbursements
The Annual Account of Receipts and Disbursements (Annual Treasurer's Report) reports on the Village's expenses for payroll and payouts to vendors. Employees are grouped in salary ranges while individual vendors are listed with the total amount paid in that Fiscal Year.
The Budget establishes management's fiscal plan for the year and is the control tool employed and referenced throughout the year by Village staff.
Annual Tax Increment Finance (TIF) Reports
The TIF Report details the Village's financial activity and position, which is audited by an independent firm of Certified Public Accountants.
The Appropriation Ordinance is the governing document that provides the Village its legal authority and spending limits. Its basis is the annual approved Budget.
Capital Improvement Plan (CIP)
The CIP is a multi-year plan that aggregates all of the Village’s known capital projects into a central report to facilitate the prioritization, timing and financing of each project.
The Financial Forecast assists in assessing the financial position of the respective Fund(s) and its ability to sustain operations and service levels, and finance anticipated capital improvement projects.
Financial Reports and Management Letters
The Comprehensive Annual Financial Reports details the Village's financial activity and position, which is audited by an independent firm of Certified Public Accountants; the Management Letter identifies any internal control deficiencies.
Request For Bids or Proposals
The Village of Bloomingdale provides a fair and competitive process for the acquisition of goods and services, as set forth in Section 3-3-2 of the Village Code. All bids and request for proposals or qualifications are issued and administered through the applicable Village Department.
Tax Levy Ordinances
The Tax Levy Ordinance establishes the amount of revenue the Village requires to be collected from property taxes.
Warrants (Vendor Payments)
The Warrant is a listing of vendor payments approved by the Village board. Payments are made to vendors generally twice each month.