Streamlined Report Offers a Clear View of City Finances
Our Finance Department has produced the Popular Annual Financial Report for our fiscal year ended April 30, 2019. This is our inaugural version of this report, which is meant to make City finances clear and understandable. The City of St. Charles has a proud tradition of responsible financial stewardship under the direction of our City Council. This simplified financial report offers a transparent vision of City finances. Read it here.
This Popular Annual Financial Report is a streamlined version of the lengthier Comprehensive Annual Financial Report we produce every year. The Comprehensive Annual Financial Report provides detailed financial information as required by the State of Illinois. For the last 33 years, it has received a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association.
Producing an easier-to-read financial report is not required, but we felt it was important. We believe increasing the transparency of the City’s financial information is good government and promotes accountability to the citizens we serve. We hope this report clearly presents the City’s financial information and illustrates how resources are allocated to provide the citizens of St. Charles with professional, reliable services and a well-maintained infrastructure. You are entitled to this information and everyone benefits when our residents and businesses have an interest in their government.
For more information or to view all City financial documents, visit the Finance page of our website.