This division records and reports millions of dollars that flow in and out of the city. Personnel in the department track assets, pay vendors, and issue paychecks.
The division manages the city's investments, debt portfolios, banking relations, and serves as liaison to the city's Police and Fire Pension Boards.
Accounting staff also prepare the comprehensive annual financial report (CAFR), annual budget, various federal and state tax reports, and administers bid packages.
The annual budget is one of the single most important documents the Finance Department prepares for the city.
The budget process begins in February as the city's individual departments prepare objectives, personnel requests and performance standards for the upcoming year. In April, the departments prepare operating and capital outlay requests, while the Finance Director completes preliminary revenue estimates. In May and June, the City Manager reviews and finalizes the proposed budget which is presented to City Council in a workshop format in July.
Changes resulting from the budget workshops are incorporated into the document and presented for adoption in September. On October 1, the budget is implemented.
View City Budget Documents