Village Financial Profile

Village Budget and Audit

Solid finances and sound planning are the hallmarks of the Village budget. Information regarding the Village budget, including details on major sources of revenue and expenditure, can be found on the Administration Department's Village Budget page. Also, the Village's Comprehensive Annual Financial Report (CAFR) is prepared annually by an independent firm. The most recent CAFR is also available on the website.

Village Bond Rating

The Village of Lemont's bond rating is Aa2 (Moody's 2014). This rating is higher than the median bond rating for Illinois non-home rule communities. The full bond report from Moody's for the 2012 and 2014 bond issuances can be found at the following links:

2012 Moody's Bond Rating Statement for Village of Lemont
2014 Moody's Bond Rating Statement for Village of Lemont

Village of Lemont EAV

The Equalized Assessed Valuation for the previous 10 years is as follows. For years ending April 30th: 
  • April 30, 2018: $677,184,791
  • April 30, 2017: $558,974,453
  • April 30, 2016: $523,105,153
  • April 30, 2015: $521,075,519
  • April 30, 2014: $526,241,808
  • April 30, 2013: $555,635,910
  • April 30, 2012: $600,781,044
  • April 30, 2011: $702,423,260
  • April 30, 2010: $704,747,146
  • April 30, 2009: $673,246,775

Financial Policies

The Village Board is committed to adhering to sound financial policies and procedures in carrying out its fiduciary responsibilities to its residents. The financial polices can be found at the following link.

Village of Lemont Financial Policies

Village Financial Ordinances & Resolutions

Financial Ordinance 0-27-17

Financial Resolution R-13-17