The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Urbana by Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report. The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by the City of Urbana Finance Department.
Additionally, an award of Financial Reporting Achievement has been awarded to the City of Urbana Finance Director Elizabeth Hannan and her staff for preparation of the comprehensive annual financial report which has been judged by an impartial panel to meet the high standards of the GFOA and has demonstrated a constructive “spirit of full disclosure” to clearly demonstrate the City of Urbana’s financial story.
Urbana Mayor Diane Marlin’s proposed budget for fiscal year 2019 includes significant steps to lay a sound foundation for the City’s future. The proposed budget is available at https://www.urbanaillinois.us/departments/finance/financial-reports/annual-budget.
“Our staff is committed to providing excellent core City services, despite tighter budgets. However, we must make thoughtful and strategic decisions to address our long-term funding needs,” said Mayor Marlin. The budget includes $45.8 million in expenditures and $43.6 million in revenues for all City funds. Expenditures exceed revenues primarily because of large one-time expenditures in capital improvement funds.
Notice is hereby given that the City of Urbana proposed Schedule of Fees for fiscal year 2018/2019 will be available for public review beginning May 15, 2018 at the Urbana City Clerk's Office, 400 S. Vine Street, Urbana, IL 61801 and on the City website.
Urbana City Code requires that the proposed fee schedule be reviewed by the City Council and put on file with the City Clerk's Office at least thirty (30) days prior to final action by the City Council.
The City of Urbana seeks proposals to purchase parking citation software, equipment and a management system. The proposal should include all applicable hosting, subscription, maintenance and/or service contract fees. This procurement is open to all businesses actively engaged in the development and delivery of parking software and related items as specified in the RFP.
The City of Urbana rents parking spaces and utilizes parking meters to generate revenues that are used to maintain and construct parking facilities. Revenues from these parking services are allocated to the Motor Vehicle Parking System Fund, where the expenses of maintaining parking services are reported. Public parking facilities are provided as an enterprise activity. The amount expected to be raised in FY 17/18 is $1.46 million. Approximately 50% of the amount is collected from spaces and meters in the University campus area. The current meter rate on campus is $1.00 per hour. The City maintains over 1,400 metered spaces and over 250 parking rental spaces on-street and in municipal lots.