City Finances

The Finance Department has the responsibility to account for all municipal resources, and to maintain a fiscally sound government organization that adheres to legal requirements and financial management principles, and to apply such resources in a manner, which is most beneficial to the residents and businesses of Princeton.

The Finance Department is responsible to administer the fiscal operations and maintain the accounting records for the City, which includes cash management, investments, budgeting, and debt administration.

The Department ensures the accuracy of the general ledger, reconciles all cash accounts, administers payroll, maintains all investment transactions, prepares annual budget documents, processes accounts payable, and collects revenues including licenses, fees, fines, utility services, airport operations, and local taxes.

The City's Finance Department is made up of the City Manager and a contracted firm, Lauterbach and Amen.

93TheresaWittenauerTheresa Wittenauer
City Hall
City Manager
815-875-2631
ext. 1005
placeholderBob Davidson
City Hall
City Treasurer
815-875-2631
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Public Infrastructure Sales Tax .25%28 documents

  • 2022 Public Infrastructure Sales Tax - January
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  • 2022 Public Infrastructure Sales Tax - December
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  • 2023 Public Infrastructure Sales Tax - January
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  • 2023 Public Infrastructure Sales Tax - December
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  • 2024 Public Infrastructure Sales Tax - January
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  • 2024 Public Infrastructure Sales Tax - April
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City Finance Documents & Reports6 documents

  • 2022 City Employee Compensation and Benefits
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  • City of Princeton Purchasing Manual
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  • FY 2023-24 Budget Book
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  • 2022 Fiscal Year Audit Report
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  • 2023 Fiscal Year Audit Report
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  • FY 2024-25 Annual Budget
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