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Finance Department 

Tracy Kennett, Director of Finance/Treasurer
Tracy Kennett, Director of Finance/Treasurer

Two NEW ways to pay your Utilities!!

You can pay your utilities online using Illinoisepay or by phone at 1-877-ILL-EPAY. Forms of payment accepted: Mastercard, Discover, American Express or eCheck. You must have your utility bill account number and your amount due.

Or

You can make utility bill payments at First Clover Leaf Bank located at 1046 E. Madison Avenue in Wood River. You must have your bill present at the time of payment. Payments can be made in the bank lobby or drive-up. First Clover Leaf Bank hours are:

Lobby
Mon-Thurs 9am 5pm
Fri 9am 6pm
Sat 8:30am Noon

Drive-up
Mon-Fri 8am 6pm
Sat 8:30am Noon

You can always mail in or drop off your payment directly at the water office located at City Hall. The night drop is available after hours; it is located to the left of the main City Hall entrance.

The Finance Department oversees the sound fiscal management of the revenues and expenses for all City departments and facilities. With an estimated $25 million in various City and pension trust funds, the department analyzes daily a variety of accounting, purchasing, investment and budgeting policies to provide maximum benefit from each taxpayer dollar. All public monies are prudently managed according to the generally accepted accounting principles, State and Federal law and operating policies as established by the City Council.

The City Council relies on the professional and accurate financial information provided by the Department when determining the financial health of the community. With these reports and assistance, the City Council establishes the yearly property tax levy and outlines how the approximately $15 million annual budget will be used for various programs, initiatives and service levels of the City.

In addition to the management of all public funds, the Department coordinates the utility billing for water, sewer and trash services for an estimated 5,000 customers.

For more information, please contact the Finance Department at (618) 251-3131. Offices are located in City Hall at 111 N. Wood River Avenue or click here to send an e-mail.

Annual Extended Tax Rate

Year Annual
Extended
Tax Rate
Annual Growth/(Decrease) Tax Rate Annual %age Growth/(Decrease) Tax Rate
2012 1.7018 .0836 5.166%
2011 $1.6182 0.0460 2.926%
2010 $1.5722 0.0024 0.153%
2009 $1.5698 (0.0226) -1.419%
2008 $1.5924 (0.0246) -1.521%
2007 $1.6170 (0.0812) -4.782%
2006 $1.6982 ($0.0878) -4.916%
2005 $1.7860 ($0.0330) -1.814%
2004 $1.8190 $0.1246 7.354%
2003 $1.6944 $0.0254 1.522%
2002 $1.6690 $0.0194 1.176%
2001 $1.6496 $0.0092 0.561%
2000 $1.6404 $0.0280 1.737%
1999 $1.6124 $0.0085 0.530%
1998 $1.6126 $0.0407 2.589%
1997 $1.5719 $0.0470 3.082%
1996 $1.5249 $0.0820 5.683%
1995 $1.4429 $0.1017 7.583%
1994 $1.3412 ($0.0311) -2.266%
1993 $1.3723 $0.0085 0.623%
1992 $1.3638 ($0.0300) -2.152%
1991 $1.3938 $0.0134 0.971%
1990 $1.3804 $0.0330 2.449%
1989 $1.3474 $0.0614 4.774%
1988 $1.2860 $0.0400 3.210%
1987 $1.2460 ($0.0590) -4.521%
1986 $1.3050 ($0.0420) -3.118%
1985 $1.3470 ($0.0120) -0.883%
1984 $1.3590 $0.0420 3.189%
1983 $1.3170 ($0.0490) -3.587%
1982 $1.3660 $0.2470 22.073%
1981 $1.1190 $0.0460 4.287%
1980 $1.0730 $0.0070 0.657%
1979 $1.0660 $0.1060 11.042%
1978 $0.9600 ($0.0470) -4.667%
1977 $1.0070 $0.0890 9.695%
1976 $0.9180 ($0.0610) -6.231%
1975 $0.9790 $0.1300 15.312%
1974 $0.8490 ($0.0120) -1.394%
1973 $0.8610 ($0.0110) -1.261%
1972 $0.8720 $0.0190 2.227%
1971 $0.8530 ($0.0160) -1.841%
1970 $0.8690  

Annual Assessed Valuation

Year Annual
Assessed
Valuation
Annual
 Growth/Decrease in Assessed Valuation
Annual Percentage Growth/Decrease in Assessed Valuation
2012 120,677,049 (6,025,457) -4.76%
2011 126,702,506 (2,191,950) -1.70%
2010 128,894,456 14,496,051 12.67%
2009 114,398,405 1,534,593 1.36%
2008 112,863,812 4,006,435 3.68%
2007 108,857,377 10,181,605 10.32%
2006 98,675,772 9,362,967 10.48%
2005 89,312,805 5,839,384 7.00%
2004 83,473,421 (2,017,271) -2.36%
2003 85,490,692 2,875,632 3.48%
2002 82,615,060 3,039,072 3.82%
2001 79,575,988 3,557,697 4.68%
2000 76,018,291 2,214,125 3.00%
1999 73,804,166 3,182,628 4.51%
1998 70,621,538 (1,553,910) -2.15%
1997 72,175,448 1,149,288 1.618%
1996* 71,026,160 (471,012) -0.659%
1995* 71,497,172 (12,881,956) -15.267%
1994 84,379,128 3,582,154 4.434%
1993 80,796,974 1,947,703 2.470%
1992 78,849,271 3,201,183 4.232%
1991 75,648,088 2,891,417 3.974%
1990 72,756,671 1,564,937 2.198%
1989 71,191,734 2,749,594 4.017%
1988 68,442,140 268,602 0.39%
1987 68,173,538 2,949,032 4.52%
1986 65,224,506 1,686,533 2.65%
1985 63,537,973 1,049,180 1.68%
1984 62,488,793 (2,905,502) -4.44%
1983 65,394,295 2,127,699 3.36%
1982 63,266,596 (8,492,348) -11.84%
1981 71,758,944 260,529 0.36%
1980 71,498,415 5,500,035 8.33%
1979 65,998,380 (4,580,389) -6.49%
1978 70,578,769 5,980,859 9.26%
1977 64,597,910 2,513,670 4.05%
1976 62,084,240 4,656,606 8.11%
1975 57,427,634 439,056 0.77%
1974 56,988,578 1,634,197 2.95%
1973 55,354,381 600,558 1.10%
1972 54,753,823 (2,033,857) -4%
1971 56,787,680 3,300,842 6.17%
1970 53,486,838
*Valuation decrease as a result of the Amoco re-assessment

 

 

 

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The City of Wood River, Illinois
111 North Wood River Avenue
Wood River, Illinois  62095
(618) 251-3100

This page last modified 07/08/14 .
All information 2009 City of Wood River

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