Finance Department

Finance Director
Randy Bukas

Finance Department has provided forms for Property Transfer Tax, Food and Beverage Tax, Hotel Motel Tax, and Motor Fuel Tax on the Forms page – Forms

The Finance Department of the City of Freeport is responsible for numerous facets of internal finance:

  • Budgeting
  • Short-term and long-term projections
  • Cash Receipts
  • Cash Disbursements
  • Debt Management
  • Fixed Assets
  • Payroll
  • Purchasing
  • Internal and External audits
  • Financial reporting

Freeport Sales Tax Rates: The sales tax rate for general merchandise for the City of Freeport is 8%. Prepared foods and alcoholic liquor (view Codified Ordinances, Chapter 882) are subject to the City’s food and beverage tax so the rate is 9.25% (8% plus 1 1/4% ). See below for additional sales tax information:

Sales Taxes in the City of Freeport as provided by the IL Department Revenue website:

  • Qualifying food and drugs: 1%
  • General Merchandise: 8%
  • Hotel – Motel Taxes: 5% City only
  • Food and Beverage Privilege Tax: 1 ¼%
  • Medicine: 1%
  • Vehicles Licensed with State: 6¼%

Fiscal Year 2018-2019 Audit Reports
Annual Financial Report
Management Letter

Fiscal Year 2017-2018 Audit Reports
Annual Financial Report
Management Letter

Fiscal Year 2016-2017 Audit Reports

Annual Financial Report
Fiscal Year 2016-2017 – Accounting for Post-Employment Benefit Plans Under GASB #45
Agreed Upon Procedures Engagement
Single Audit Report
TIF Districts
Illinois Downstate Operating Assistance Program (DOAP)
Agreed Attestation Engagement – Section 5311 Grant

Click here to view older financial information.

Compensation Reporting per Public Act 97-0609
City of Freeport FY2020 Public Disclosure of “Total Compensation”
City of Freeport FY2019B Public Disclosure of “Total Compensation”

Finance Department Reference Documents
FY2019B City of Freeport Appropriation Ordinance
FY2019B City of Freeport Budget
Annual Treasurer Report FY2018/2019
City of Freeport Purchasing Policy
Bid Documents and project listing

 

Address

City Hall Building
314 W. Stephenson St.
Freeport, IL 61032

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Opening hours

  • Monday
    8:00 AM - 5:00 PM
  • Tuesday
    8:00 AM - 5:00 PM
  • Wednesday
    8:00 AM - 5:00 PM
  • Thursday
    8:00 AM - 5:00 PM
  • Friday
    8:00 AM - 5:00 PM
  • Saturday
    Closed
  • Sunday
    Closed
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