Financial Information

Village Finances

Annual Budget

The annual budget is the key financial policy and planning document of the Village and outlines anticipated revenues and expenditures for the Village. The Village's fiscal year runs May 1-April 30. The budget identifies the Village's goals, accomplishments, long-term financial outlook and five-year capital plan. The budget is the foundation of the organization upon which everything is built in order to provide services to the Village of Libertyville community. 

Recent Budget Documents

Budget-in-Brief

Capital Improvement Plan 2021-2030

Tax Levy

Information on the Village of Libertyville's tax levy can be found in the Tax Levy Information Guide.

Annual Comprehensive Financial Report 

The Annual Comprehensive Financial Report is the Village's annual audit. An independent auditor completes a review of the Village's financial statements and includes an official letter which summaries it's findings. 

Prior Year Annual Comprehensive Financial Reports

Audit Management Letter

Popular Annual Financial Report

The Village prepares a Popular Annual Financial Report, which is an easy to read snapshot of the Annual Comprehensive Finance Report.


Prior Year Treasurer's Reports 

Fee Schedule

The Village reviews the fees charged for various services on an annual basis. The Village Board approves these changes in conjunction with the budget.

2025-2026 Fee Schedule - AMENDED

2025-2026 Fee Schedule

2024-2025 Fee Schedule

2023-2024 Fee Schedule

2022-2023 Fee Schedule

2021-2022 Fee Schedule

2020-2021 Fee Schedule

2019-2020 Fee Schedule

Non-Home Rule Sales Taxes

By voter referendum held in March 2020, the Village of Libertyville enacted a non-home rule sales tax of 1%, effective July, 1, 2020. Information from the Illinois Department of Revenue regarding the collection of the non-home rule sales tax is linked below. 

Illinois Department of Revenue Non-Home Rule Sales Tax Circular

The Village of Libertyville has also enacted, by ordinance, a Special Non-Home Rule Sales Tax at a rate of 0.5%, effective January 1, 2023. Information from the Illinois Department of Revenue regarding the collection of the special non-home rule sales tax is linked below. 

Illinois Department of Revenue Special Non-Home Rule Sales Tax Circular

Questions pertaining to any of the items on this page may be directed to the Finance Director at (847) 362-2430.