Steve Weber, CPA Will County Treasurer. Certified Public Accountant, 1986 Bachelor in Accounting, Lewis University Chief Deputy Auditor, 1986-2000 Will.

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Presentation transcript:

Steve Weber, CPA Will County Treasurer

Certified Public Accountant, 1986 Bachelor in Accounting, Lewis University Chief Deputy Auditor, Will County Auditor, Elected Treasurer in 2010

 Collects $1.62 Billion Property Tax Levy  273,000 Parcels  Balanced within 48-cent  Manages $340 Million County Funds  20 Full-Time Employees

 Office Without a Mission  Spent 10 Years in Neutral  Emphasis Drifted to Collection  Lack of Innovation  Reactive, not Proactive  Managers honestly thought there was nothing they could improve or do better.

 Focused on Employee Morale  One-On-One Meetings with Staff  Employee Focus Group (without Managers)  Identified 16 Employee-Based Changes  Implemented 15/16 by Year’s End  Shaved $244,000 in Operating Expenses

We reduced cost and increased service by aggressively negotiating with banks.

We regained an entire month for our employees to focus on their primary job.

We leveraged our $100 Million Credit Card Portfolio for lower fees and improved service for staff and public.

Yes, Will County “lost” a $140,000 check to Cash Dash and didn’t know it.

Pending Legislation

Will County Treasurer’s Office

Township Assessor Determines NEV County Clerk Calculates Your Tax Bill Treasurer Mails the Bill

Banks, Credit Unions, and Will County Collect Funds Treasurer Invests Collection to Earn Interest Distribute Levy Funds and Interest to Taxing Districts

Will County Treasurer’s Office

1. Follow Federal and State Law 2. Maintain the Public Trust 3. Provide Sufficient Liquidity 4. Preserve Capital 5. Control Risk through Diversification 6. Maximize Yield while Minimizing Risk

Steve Weber, CPA Will County Treasurer