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Village Financial Profile
Village Budget and Audit

Solid finances and sound planning are the hallmarks of the Village budget.  Information regarding the Village budget, including details on major sources of revenue and expenditure, can be found on the Administration Department's Village Budget page.  Also, the Village's Comprehensive Annual Financial Report (CAFR) is prepared annually by an independent firm.  The most recent CAFR is also available on the website.


Village Bond Rating

The Village of Lemont's bond rating is Aa2 with a stable outlook  (Moody’s, 2012).   This rating is higher than the median bond rating for Illinois non-home rule communities.  The full bond report from Moody's for the most recent bond issuance can be found at the following link:

Moody's Bond Rating Statement for Village of Lemont


Village of Lemont EAV

The Equalized Assessed Valuation for the previous 10 years is as follows.  For years ending April 30th:  
    

  • April 30, 2013:   $555,635,910
  • April 30, 2012:  $600,781,044
  • April 30, 2011:  $702,423,260       
  • April 30, 2010: $704,747,146
  • April 30, 2009: $673,246,775
  • April 30, 2008: $576,596,493
  • April 30, 2007: $528,559,704
  • April 30, 2006: $512,569,245
  • April 30, 2005: $405,710,796
  • April 30, 2004: $366,369,526                

 

 


Financial Policies
The Village Board is committed to adhering to sound financial policies and procedures in carying out its fiduciary responsibilities to its residents.  The financial polices can be found at the following link. 

Village of Lemont Financial Policies



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