Village Board Reduces Tax Rate for the 2018-19 Budget Year

The Village Board once again passed a balanced budget. The fiscal 2018-19 budget is nearly $103 million, a $6.8 million decrease from last year.The Village continues to provide a healthy fund balance, which has contributed to Village’s strong bond rating....

Romeoville Receives 4th Consecutive Award for Excellence in Financial Reporting

The Village of Romeoville is once again the recipient of the Government Finance Officers Association of the U.S. and Canada (GFOA) Certificate of Achievement for Excellence in Financial Reporting for its 2017 comprehensive annual financial report (CAFR).

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Romeoville Receives Bond Rating Upgrade from Fitch

Favorable revenue framework, moderate fixed costs and long-term liability burden, and demonstrated financial resilience during economic downturns, results in Romeoville receiving an increased Bond Rating by Fitch Ratings. This is the second agency in the ...Read on...