Finance

The Finance Department's general purpose is to direct, administer and supervise fiscal affairs, accounting and financial records. Directing budget and financial statement preparation also falls under the Finance Department's general duties and responsibilities as well as managing debt and investment portfolios under the direction of the City Manager.

Detailed essential duties and responsibilities include directing the City's annual operating budget preparation. This is done by monitoring expenses and revenues, and directing fund transfers. More duties and responsibilities include preparing the annual tax levy.

Sales Tax Rate for the City of Pekin is 8%

  • Breakdown (5% State, 1.00% Municipal, 1.25% Home Rule, .75% Tazewell County).
  • Food and Beverage Sales Tax for Pekin is 2%.
  • Packaged Liquor Sales Tax for Pekin is 2%.

Billing

American Water has chosen to discontinue billing for municipalities.  The City will take over Wastewater billing September 17th, 2012.  Any amount still owed to the water company at that time should be paid to the water company.  The City invoices will have the City logo and remit instructions.  Web pay and E bills will be available! Look for the icon on the City website. Payments will be accepted by mail, drop box or the grocery stores that currently take payments. City Council voted on Monday, June 10th to start billing quarterly. 

Questions please call us at 309.478.5394.

The Finance Department is currently seeking Requests for Qualifications for qualified Actuarial Service firms for OPEB actuarial analysis. Click Here for full RFQ