City Finances

The Finance Department has the responsibility to account for all municipal resources, and to maintain a fiscally sound government organization that adheres to legal requirements and financial management principles, and to apply such resources in a manner, which is most beneficial to the residents and businesses of Princeton.

The Finance Department is responsible to administer the fiscal operations and maintain the accounting records for the City, which includes cash management, investments, budgeting, and debt administration.

The Department ensures the accuracy of the general ledger, reconciles all cash accounts, administers payroll, maintains all investment transactions, prepares annual budget documents, processes accounts payable, and collects revenues including licenses, fees, fines, utility services, airport operations, and local taxes.

The City's Finance Department is made up of the City Manager and a contracted firm, Lauterbach and Amen.

Theresa WittenauerCity HallCity Manager815-875-2631 ext. 1005

Bob DavidsonCity HallCity Treasurer815-875-2631

Public Infrastructure Sales Tax .25%

City Finance Documents & Reports