The Finance Department accounts for all City revenues and expenditures, monitors internal controls over a variety of transactions, administers water utility collections, cashiering and public counter services, payroll, accounts payable and receivable, manages several competitive grants, prepares payment of all obligations for review and approval by the City Council.
In conjunction with, and subject to, the independent certification of the City’s independent audit firm, the Department prepares the City’s Comprehensive Annual Financial Report (CAFR). Under the direction of the City Manager, the Department prepares the City’s annual budget. The Department provides monthly interim financial reports and monthly investment compliance reports to the City Council. Once each year, the Department provides the City Council with a Mid-Year Budget Review report that estimates financial results for that year and offers insights into significant financial issues in the following year.
Specific activities include:
Fiscal Policy Advice and Guidance
General Accounting Services
Investments, Banking, and Debt Administration
Cashiering and Public Counter
Links to the City’s Finance operations are listed below: