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Hotel and Convention Center

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The Village of Schaumburg operates under the Illinois Municipal Budget Law (50 ILCS 330/). The village's fiscal year begins May 1 of each year and ends April 30th for all funds except for the Hotel and Convention Center. The Hotel and Convention Center funds are maintained on a calendar year fiscal year to coincide with Marriott's fiscal year.

The audited annual financial statements of the Hotel and Convention Center can be found in the village's comprehensive annual financial reports. The 2010 audited Hotel and Convention Center financial statements, as an example, can be found in the Comprehensive Annual Financial Report for the fiscal year ended April 30, 2011.

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