Finance Department
 |
| Nancy Schneider, Director of
Finance/Treasure |
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The Finance Department oversees the sound
fiscal management of the revenues and expenses for all City
departments and facilities. With an estimated $32
million in various City funds, the department analyzes daily a
variety of accounting, purchasing, investment and budgeting
policies to provide maximum benefit from each taxpayer dollar.
All public monies are prudently managed according to the
generally accepted accounting principles, State and Federal
law and operating policies as established by the City Council.
The City Council relies on the
professional and accurate financial information provided by
the Department when determining the financial health of the
community. With these reports and assistance, the City
Council establishes the yearly property tax levy and outlines
how the approximately $16.6 million annual budget will be used
for various programs, initiatives and service levels of the
City.
In addition to the management of all
public funds, the Department coordinates the utility billing
for water, sewer and trash services for an estimated 5,000
customers.
For more information, please contact the
Finance Department at (618) 251-3131. Offices are
located in City Hall at 111 N. Wood River Avenue or click
here to send an e-mail.
Annual Extended Tax Rate
| Year |
Annual
Extended
Tax Rate |
Annual
Growth/(Decrease) Tax Rate |
Annual
%age Growth/(Decrease) Tax Rate |
|
|
|
|
| 2006 |
$1.6982 |
($0.0878) |
-4.916% |
| 2005 |
$1.7860 |
($0.0330) |
-1.814% |
| 2004 |
$1.8190 |
$0.1246 |
7.354% |
| 2003 |
$1.6944 |
$0.0254 |
1.522% |
| 2002 |
$1.6690 |
$0.0194 |
1.176% |
| 2001 |
$1.6496 |
$0.0092 |
0.561% |
| 2000 |
$1.6404 |
$0.0280 |
1.737% |
| 1999 |
$1.6124 |
$0.0085 |
0.530% |
| 1998 |
$1.6126 |
$0.0407 |
2.589% |
| 1997 |
$1.5719 |
$0.0470 |
3.082% |
| 1996 |
$1.5249 |
$0.0820 |
5.683% |
| 1995 |
$1.4429 |
$0.1017 |
7.583% |
| 1994 |
$1.3412 |
($0.0311) |
-2.266% |
| 1993 |
$1.3723 |
$0.0085 |
0.623% |
| 1992 |
$1.3638 |
($0.0300) |
-2.152% |
| 1991 |
$1.3938 |
$0.0134 |
0.971% |
| 1990 |
$1.3804 |
$0.0330 |
2.449% |
| 1989 |
$1.3474 |
$0.0614 |
4.774% |
| 1988 |
$1.2860 |
$0.0400 |
3.210% |
| 1987 |
$1.2460 |
($0.0590) |
-4.521% |
| 1986 |
$1.3050 |
($0.0420) |
-3.118% |
| 1985 |
$1.3470 |
($0.0120) |
-0.883% |
| 1984 |
$1.3590 |
$0.0420 |
3.189% |
| 1983 |
$1.3170 |
($0.0490) |
-3.587% |
| 1982 |
$1.3660 |
$0.2470 |
22.073% |
| 1981 |
$1.1190 |
$0.0460 |
4.287% |
| 1980 |
$1.0730 |
$0.0070 |
0.657% |
| 1979 |
$1.0660 |
$0.1060 |
11.042% |
| 1978 |
$0.9600 |
($0.0470) |
-4.667% |
| 1977 |
$1.0070 |
$0.0890 |
9.695% |
| 1976 |
$0.9180 |
($0.0610) |
-6.231% |
| 1975 |
$0.9790 |
$0.1300 |
15.312% |
| 1974 |
$0.8490 |
($0.0120) |
-1.394% |
| 1973 |
$0.8610 |
($0.0110) |
-1.261% |
| 1972 |
$0.8720 |
$0.0190 |
2.227% |
| 1971 |
$0.8530 |
($0.0160) |
-1.841% |
| 1970 |
$0.8690 |
|
|
|
Overall Change |
$0.7436 |
85.570% |
Annual Assessed Valuation
| Year |
Annual
Assessed
Valuation |
Annual
Growth/Decrease in Assessed Valuation |
Annual
Percentage Growth/Decrease in Assessed Valuation |
|
|
|
|
|
2006 |
98,675,772 |
9,362,967 |
10.48% |
|
2005 |
89,312,805 |
5,839,384 |
7.00% |
|
2004 |
83,473,421 |
(2,017,271) |
(2.36)% |
|
2003 |
85,490,692 |
2,875,632 |
3.48% |
|
2002 |
82,615,060 |
3,039,072 |
3.82% |
|
2001 |
79,575,988 |
3,557,697 |
4.68% |
|
2000 |
76,018,291 |
2,214,125 |
3.00% |
|
1999 |
73,804,166 |
3,182,628 |
4.51% |
|
1998 |
70,621,538 |
-1,553,910 |
-2.15% |
| 1997 |
72,175,448 |
1,149,288 |
1.618% |
| 1996* |
71,026,160 |
-471,012 |
-0.659% |
| 1995* |
71,497,172 |
-12,881,956 |
-15.267% |
| 1994 |
84,379,128 |
3,582,154 |
4.434% |
| 1993 |
80,796,974 |
1,947,703 |
2.470% |
| 1992 |
78,849,271 |
3,201,183 |
4.232% |
| 1991 |
75,648,088 |
2,891,417 |
3.974% |
| 1990 |
72,756,671 |
1,564,937 |
2.198% |
| 1989 |
71,191,734 |
2,749,594 |
4.017% |
| 1988 |
68,442,140 |
268,602 |
0.39% |
| 1987 |
68,173,538 |
2,949,032 |
4.52% |
| 1986 |
65,224,506 |
1,686,533 |
2.65% |
| 1985 |
63,537,973 |
1,049,180 |
1.68% |
| 1984 |
62,488,793 |
-2,905,502 |
-4.44% |
| 1983 |
65,394,295 |
2,127,699 |
3.36% |
| 1982 |
63,266,596 |
-8,492,348 |
-11.84% |
| 1981 |
71,758,944 |
260,529 |
0.36% |
| 1980 |
71,498,415 |
5,500,035 |
8.33% |
| 1979 |
65,998,380 |
-4,580,389 |
-6.49% |
| 1978 |
70,578,769 |
5,980,859 |
9.26% |
| 1977 |
64,597,910 |
2,513,670 |
4.05% |
| 1976 |
62,084,240 |
4,656,606 |
8.11% |
| 1975 |
57,427,634 |
439,056 |
0.77% |
| 1974 |
56,988,578 |
1,634,197 |
2.95% |
| 1973 |
55,354,381 |
600,558 |
1.10% |
| 1972 |
54,753,823 |
-2,033,857 |
-4% |
| 1971 |
56,787,680 |
3,300,842 |
6.17% |
| 1970 |
53,486,838 |
|
|
| *Evaluation
decrease as a result Amoco re-assessment |
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The City of Wood River, Illinois
111 North Wood River Avenue
Wood River, Illinois 62095
(618) 251-3100
This page last modified
08/01/08 .
All information © 2008 City of Wood River
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