The Finance Department works with the Village Administrator to provide credible budget and fiscal planning, analysis and management strategies to enhance service delivery to Village of Oswego residents.
The Village’s budget is the tool by which the organization translates its strategy into action. As the foundation for all strategic and management decisions, the Finance Department provides oversight and management of the Village’s budget with a focus on communication, accuracy, and transparency. The Village departments develop and compile performance measure information which is incorporated into the annual budget process and is used by departmental staff throughout the year to measure progress in meeting performance goals for programs and activities that operate to serve the public interest.
The Village of Oswego Budget is adopted in April each year. The Village has adopted the Budget Act (50 ILCS 330).
Village of Oswego receives Distinguished Budget Presentation Award for FY 2015 Budget
The Government Finance Officers Association of the United State and Canada (GFOA) has presented the Village of Oswego with a Distinguished Budget Presentation Award for its FY 2015 budget. This award represents a significant achievement by the Village. In order to receive this award, the governmental unit must publish a budget document that meets program criteria as a policy document, as an operations guide, as a financial plan, and as a communications device. It reflects the commitment of the governing body and staff to meeting the highest principals of governmental budgeting. It is the highest form of recognition in governmental budgeting.