FINANCE DEPARTMENT

The Finance Department provides budgetary, accounting and financial services for all Village Departments, Water and Sewer fund, and Police and Fire Pension funds.  This department is responsible for the Village’s annual audit, annual budget, tax levy, payroll, water billing and collections, accounts payable and receivable systems, and personnel benefits.  The Department exercises general supervision over the fiscal affairs of the Village.

2009/2010 ACCOMPLISHMENTS

1. Received an unqualified (“clean”) opinion on 2008 audit.
2. Continued one of the most progressive wellness programs in the area for Village employees to encourage good health and well being, thereby, laying the groundwork for lower health insurance premiums in the future.
3. Addressed the Management Letter resulting in the removal of one material weakness and one point, and implemented GASB 45 - accounting for Other Post Employment Benefits.
4. Provided monthly budget versus actual reporting to the Village Board, Audit and Finance Commission, and Department Heads.
5. Implemented an integrated invoicing system utilized by all departments.
6. Significantly reduced the number of auditor adjusting journal entries required at year-end.
7. Maintained all Accounts Payable functions with a part-time Clerk and reduced staff.
8. Assisted in the implementation of an integrated Business Licensing system.
9. Completed natural gas tax audit and implemented new gas use tax, thereby increasing revenues.

2010/2011 OBJECTIVES

1. Continue reducing Management Letter points and audit adjusting journal entries.
2. Update and streamline the Village’s purchasing manual.
3. Continue to enhance and improve the Village’s budget document by adding statistical and community related information.
4. Assist in the implementation of any new modules required by other departments to ensure proper coordination with the General Ledger.

ORGANIZATIONAL CHART

Employee Compensation - Fiscal Year 2011

2011 Carpentersville Financial Statements

To see the complete budget, click here.

For more information on the Finance Department

Contact Information

1200 L.W. Besinger Drive
Carpentersville, IL 60110
Telephone Number: 847-551-3476
Fax: 847-551-9278

Lisa Happ, Finance Director
E-mail: LHapp@vil.carpentersville.il.us

Tammy Pane, Assistant to the Finance Director
E-mail: TPane@vil.carpentersville.il.us

Jennifer Jozefowicz, Water Billing Clerk
E-mail: JJozefowicz@vil.carpentersville.il.us