Financial Reporting

Comprehensive Annual Financial Report

As mandated by Village Ordinance and State Statutes, the Village is required to annually issue a report on its financial position and activity presented in conformity with generally accepted accounting principles (GAAP) of the United States of America and audited by an independent certified public accountant in accordance with generally accepted auditing standards.

The most recent Comprehensive Annual Financial Report (CAFR) is available here for anyone who wishes to gain a better understand of the financial operations of the Village of Brookfield.

2018 Comprehensive Annual Financial Report (Audit)
2017 Comprehensive Annual Financial Report (Audit)

TIF Districts

The Village of Brookfield has two Tax Increment Financing (TIF) districts to encourage economic development.  It is required that financial information for these areas be reported to the Illinois Comptroller’s Office at the end of each fiscal year. The 2015 annual reports for both the Ogden Avenue and Congress Park TIF Districts are available for download.

2015 TIF Report – Congress Park

2015 TIF Report – Ogden