Finance

Mission

The Finance Department is committed to providing timely, accurate, clear, and complete information, and supports other City departments, citizens, and the community at large while protecting City assets, both real and intangible. The finance department ensures City's compliance with federal, state, and local laws and regulations, and adherence to Generally Accepted Accounting Principles, and Governmental Accounting Standards Board.

Areas of Responsibility

Internal Control

Establish and maintain internal controls for assuring achievement of City's objectives in operational effectiveness and efficiency, and reliable financial reporting.

Accounting

Responsible for Accounts Receivable, Accounts Payable, General Ledger, Grants, and Fixed Assets.

Financial Reporting

Responsible for Monthly, Quarterly, Annual Comprehensive Financial Reports, and reporting to the City Council.

Treasury Management

Responsible for Cash Receipts, collection of Accounts Receivable, Cash Management, Cash Flow Forecasting, Investments, Investment Policy, adherence to Public Funds Investment Act, and Banking Policy and Procedures.

Financial Planning

Responsible for Revenue forecast, Long Term Capital and Financial Planning, and Capital Improvement Planning.

Debt Management

Responsible for management of Debt Portfolio, Debt Management Policy, Debt Financing, Continuing Disclosures, and Arbitrage.

Financial Transparency

The City is working with the State Comptroller's Office and the Government Finance Officers Association to promote  financial transparency.