The mission of the Finance Division is to provide competent and comprehensive financial services for City Administration to enable all departments to work in the best interests of our community. The division provides relevant, timely financial information to the public, decision makers and to City management. The Finance division is responsible for safeguarding the City’s assets through appropriate controls.
Accounting and Auditing: Development and management of internal controls; coordination of annual financial audit; application of Governmental Accounting Standards Board (GASB) statements; preparation of Comprehensive Annual Financial Report (CAFR); management of ongoing accounting and financial processes including accounts payable, accounts receivable, and payroll.
Operating and Capital Budgeting: Preparation and management of the annual budget and Capital Improvement Plan (CIP);revenue and expenditure estimates and analysis; grant management; project management; strategic financial planning to preserve the City’s long-term financial position.
Treasury and Investment Management: Management of operating cash, surplus balances, and restricted cash accounts; efficient allocation of investment portfolio to achieve safe yet competitive rates of return; scheduling and managing cash inflows and outflows (e.g., debt service payments and capital project reimbursements).
Debt Management: Ongoing management of the City’s debt obligations, reporting requirements to bondholders, accounting requirements per debt covenants, payment schedules, and parity requirements.
Procurement: Processing, reporting, analysis, and management of encumbrances. Administration of City’s purchasing policy, including coordination of bid/RFP processes, approval of requisitions and purchase orders, and supervision of employee purchasing card program.
Human Resources Administration: Maintenance of City personnel files; formulation and implementation of practices and policies; training and development programs; compliance with all local,state, and federal labor and employment laws; orientation for new employees; benefits administration; employee relations.
Annual City Budgets
Comprehensive Annual Reports2018 | 2017 | 2016 | 2015 | 2014
2013 | 2012 | 2011 | 2010