City Treasurer

Kelly P. Stupasky
City Treasurer
217-228-4575
kstupasky@quincyil.gov

Lori Oliver
Deputy Treasurer
217-228-4575
coqtreas@quincyil.gov

About the Treasurer
 Kelly P. Stupasky was appointed Treasurer of the City of Quincy in December 2023, with his term beginning on January 1, 2024. He was re-elected in April 2025 to serve a four-year term, which expires on April 30, 2029. His duties are defined by statute and ordinance.

Mr. Stupasky is an active member of several professional organizations, including the Government Finance Officers Association (GFOA), Illinois Government Finance Officers Association (IGFOA), Association of Public Treasurers of the United States and Canada (APT US&C), and the Illinois Municipal Treasurers Association (IMTA). He is also a Certified Public Funds Investment Manager (CPFIM).

A lifelong resident of Quincy, Mr. Stupasky graduated from Quincy Senior High School and earned his degree from the Graduate School of Banking at the University of Wisconsin–Madison in 2007. Before joining the City of Quincy Treasurer’s Office as Office Manager in March 2023, he spent 36 years in banking—serving the last 23 years as Vice President of Commercial Loans and Business Banking.

Mr. Stupasky is actively involved in the community. He is a member of the Quincy Service Club, serves as a Trustee on the Quincy Park Foundation Board, and was elected as a Commissioner on the Quincy Park Board for a two-year term in 2017.

Responsibilities
The City Treasurer is responsible for managing the City's financial resources through the following duties:

• Revenue Management

  • Receives, deposits, and accurately records all revenues collected by the City

  • Maintains detailed records of all funds received, including the source and purpose

• Bank Account Oversight

  • Controls and monitors all City bank accounts

  • Deposits funds daily into interest-bearing accounts

• Investment of Idle Funds

  • Reviews idle funds daily and invests them based on anticipated cash flow needs

  • Ensures investments maintain liquidity while achieving optimal returns

  • Primarily invests in banks with branches located within Quincy city limits

  • Adheres to state statutes governing deposit limits based on each bank’s equity capital

• Debt Accounting

  • Maintains accurate records of all debts owed to the City

• Financial Reporting

  • Submits monthly financial reports to the City Council detailing revenues and expenditures

  • Provides an annual financial report summarizing all receipts, disbursements, and transactions for the preceding fiscal year

A statutorily required report detailing all revenue received and expenditures incurred during the previous fiscal year, along with a summary of operations for all municipal funds and account groups. This report must be published within six months following the end of each fiscal year.

Definition: City Treasurer Annual Report
The City Treasurer Annual Report is a statutorily required financial document that provides a comprehensive overview of a municipality’s financial activity for the preceding fiscal year. It includes:

-A detailed account of all revenue received
-A record of all expenditures incurred
-A summary of operations for all municipal funds and account groups

This report ensures transparency and accountability in the city's financial management and must be published within six months after the end of each fiscal year, as required by law.

Each report corresponds to a specific fiscal year (e.g., FY 2024: May 1, 2023 – April 30, 2024), and is made available to the public to promote openness in local government finance.

Trash Stickers
Trash stickers are sold in sheets of ten for $15.00. One sticker is required on trash bags up to 16 gallons and two stickers are required on bags over 16 gallons. The stickers are available at the Treasurer's Office and at numerous businesses throughout Quincy.

Nuisance Violations
Payments for nuisance violations are paid at the Treasurer's Office or online via the City of Quincy Miscellaneous Invoice ePay by selecting Non-Utility Invoice ePay. Please call the office for verification of the amount due. Invoices not paid within thirty days result in a lien placed on the property and will include filing and release fees.

Accounts Receivables Invoices
Payment for invoices billed by the Treasurer's Office can be made online via the City of Quincy Miscellaneous Invoice ePay by selecting Non-Utility Invoice ePay or by mail, dropped off at one of our drop boxes, or brought into the office.

Additional Information
Payments for invoices may be made online via the City of Quincy Miscellaneous Invoice ePay by selecting Non-Utility Invoice ePay. Examples of charges that are invoiced by the Treasurer's Office include, but are not limited to, airport hangar rental, parking lot rental, and health insurance, etc.

Online payments will NOT be accepted for ordinance violations, including parking tickets, fingerprinting services, GIS maps, and other miscellaneous payments that are payable to the Treasurer's Office, but for which no invoices are generated.

Any questions regarding online payments for specific charges can be directed to the Treasurer's Office at 217-228-4575.