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FINANCE

The Finance Department for Marengo is responsible for managing the City’s financial operations, supporting fiscal accountability, and ensuring compliance with municipal financial regulations. The department operates under the City’s Administration division and is led by the Director of Finance.

Key functions of the Finance Department include:

  • Budget development and financial planning
  • Accounting and financial reporting
  • Accounts payable and receivable administration
  • Payroll processing and employee benefits administration
  • Utility billing and revenue collection
  • Cash management and financial recordkeeping
  • Support for annual audits and financial transparency initiatives

The department plays a central role in maintaining the City’s financial integrity by overseeing public funds, preparing financial reports, and supporting the annual budgeting process. Marengo’s audited financial reports direct residents and stakeholders to contact the Finance Director for additional information regarding the City’s financial position and operations.

Department Contact

  • City Hall: 132 E. Prairie Street, Marengo, IL 60152
  • Phone: 815-568-7112
  • Finance Director: Megan Lopez (Ext. 227) mlopez@cityofmarengo.com

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Fiscal Year 2026-2027 Budget

2026 Employee Total Compensation

Illinois Municipal Retirement Fund Employer Cost and Participation Information

2024-25 Financial Audit

 

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