Finance

Role of the Department


The Finance Department manages the financial assets of the Village to assure the long term financial strength of the Village. This financial management includes:
  • Accounting for all financial transactions
  • Borrowing for long term projects
  • Cash depositing
  • Financial planning
  • Financial reporting
  • Investing available funds
  • Managing banking
  • Paying bills to vendors
  • Payroll
  • Related reconciliation
  • Tax filing
For most items purchased in Vernon Hills, the applicable sales tax rate is 7.25%. For the exact detail on the applicable tax rates on various items in Vernon Hills or any other Illinois municipality, access the Illinois Tax Rate Finder for additional information.