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The Finance Department is responsible for the administration of the fiscal operations of the Village. These responsibilities include the recording and reporting of all financial transactions, billing and collecting all monies due to the Village, making payments to employees and vendors, managing Village funds, assisting in the preparation of the annual operating budget, preparing the annual financial report, and financial forecasting. Additionally, Finance Department personnel administer the Village’s medical benefit plan, the Police Pension plan, the risk management plan, and track letter of credit expiration dates, renewals, and draws. The Finance Department oversees the administration of water billing in the Village.