The Village of Skokie Finance Department is responsible for the collection and disbursement of all Village funds, maintaining all financial records of the Village, filing of annual financial reports and oversight of the Collections and Purchasing Divisions.
New! Skokie now offers convenient online payment for water bills, parking tickets and non-moving violations and miscellaneous invoices. Pay using Visa, MasterCard, Discover and debit cards. The Village does not charge a fee for this service. Click here to make a payment.
Village Bond Rating Information
The Village of Skokie has been advised that Fitch Rating Services and Moody’s Investors Service have assigned Skokie an AA+ and Aa1 ratings, respectively, for an upcoming bond refinancing. These represent the second highest achievable rating for municipal bonds, reflecting the Village’s high level of creditworthiness. This refinancing is projected to save the Village approximately $900,000. The AA+ and Aa1 ratings are one notch below the last ratings assigned to the Village of Skokie, resulting from the continued challenges of adequately funding public safety pensions. These exemplary ratings recognize the measures taken by the Village to increase pension funding, and the Village has further addressed this concern by enhancing pension funding in the Fiscal Year 2017. Moody’s cites Skokie’s large tax base within the Chicago metropolitan area and low debt burden as significant credit strengths. According to Fitch, “Given the ample reserves, strong financial policies and significant legal revenue raising ability, Fitch expects the Village to maintain strong financial operations.”
Finance Department Links
If you have any questions about the Finance Department, please call 847/933-8423.