Financial Reports

More Pages

Municipal Budget

The operating budget is probably a municipality's most important work product. The budget serves a number of functions. At the most basic level it is a legal document that gives city or county officials the authority to incur obligations and pay expenses. It allocates resources among departments, reflecting the legislative body's priorities and policies and controls how much each department may spend. Budgets oftentimes include mission statements, goals, and objectives that convey to the citizens the vision for the future of the municipality's elected officials and let the officials communicate why they have allocated the scarce resources in the manner that they did. A budget can also be an evaluation tool, comparing commitments made in the previous year's budget with actual accomplishments.

Annual Budget 2020 - 2021

Municipal Audit

In accordance with Illinois State Law (Ill. Rev. Stat. 1985, Ch. 24 par. 8-8-1 et seq.), the City of Granite City has an audit conducted by an independent third party annually. An "audit" is a systematic examination of the sources and uses of municipal funds. A Certified Public Accountant (CPA) is required to perform an examination of all funds of the municipality if:

    1. the municipal population is 800 or more; 
    2. the municipality has bonded debt; or 
    3. the municipality owns or operates a public utility.

An "audit report" is then prepared by the auditor covering the audit or investigation of management's financial data and internal controls. The report will include:

    1. a statement as to the scope of the audit; 
    2. a statement as to exceptions concerning the application of generally accepted auditing standards; 
    3. the auditor's opinion; 
    4. a statement on the verification procedure; 
    5. the financial statements and accompanying schedules; 
    6. supplemental data and comments where necessary.

Audit Reports 

    FY 2005  
    FY 2006 
    FY 2007
    FY 2008 
    FY 2009
    FY 2010
    FY 2011
    FY 2012    
    FY 2013    
    FY 2014   
    FY 2015    
    FY 2016
    FY 2017
    FY 2018
    FY 2019

    FY 2020

IL Open Meetings Act

2020 Total Compensation Packages - The following is a list of employees of the City of Granite City with a total compensation package in excess of $75,000 a year. The total compensation package amount includes gross salary, clothing allowance, health insurance and employer contributions to health savings accounts. The following is not a list of the take-home pay of city employees.


Waste Water Treatment Plant Rate Study

Report on Waste Water Collection and Treatment User Charge System (Review Existing Sewer Rate Ordinance NO.8250 and Recommendations)