Finance

Role of the Department


The Finance Department manages the financial assets of the municipality to ensure the long term financial strength of the Village of Vernon Hills.  Financial management services are provided by Lauterbach & Amen, LLP by a contractual agreement, effective September 15, 2018.   Through this agreement, professional services are provided to include:
  • Accounting for all financial transactions
  • Borrowing for long term projects
  • Capital Budget Planning
  • Cash Depositing 
  • Financial Planning
  • Financial Reporting
  • Investing
  • Managing Banking
  • Payment 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.