What we do…
- Financial Reporting for the County
Financial reporting includes giving monthly financial reports at board meetings. We are reporting the County’s net cash position, income, expenses, debt, and any other relevant financial information the taxpayers and the board members may need to make sound financial decisions.
- Collect and Deposit Revenues
The White County Treasurer’s office is responsible for the revenue-cycle of the accounting process. We receive and deposit intergovernmental revenues to include State income tax, motor fuel tax, and replacement taxes. The office also collect and deposits fees for the county. These revenues go to their appropriate fund and then are used according to federal, state, and local laws.
- Property Tax Collection and Distributions
Once the property bills amounts are determined, the Treasurers office prepares the property tax bills and mails them to the taxpayers. The Treasurer’s office will then collect the property tax money and then distribute the funds to all of the taxing bodies.
- Investments for the County
The Treasurer’s office is responsible to maintain an investment policy as per the Illinois statute.
- What is Governmental Accounting?
Governmental accounting maintains tight control over resources, while also compartmentalizing activities into different funds in order to clarify how resources are being directed at various programs. This approach to accounting is used by all types of government entities, including federal, state, county, municipal, and special-purpose entities.
