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 2017-2018 Audit Reports
Annual Financial Report
Management Letter

Fiscal Year 2016-2017 – Accounting for Post-Employment Benefit Plans Under GASB #45

Fiscal Year 2016-2017 Audit Reports

Annual Financial Report
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.

Finance Department Reference Documents
City of Freeport Public Disclosure of “Total Compensation” per Public Act 97-0609
City of Freeport Purchasing Policy
Bid Documents and project listing

 

Address

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

Open in Google Maps

Opening hours

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