Finance

Duties & Responsibilities

The Finance Department is responsible for developing, implementing, and maintaining financial and accounting systems in conformity with generally accepted accounting principles; processing and disbursing funds for payments; conducting internal financial audits; managing investments of cash balances; publishing appropriate financial statements and reports; and, managing bonded indebtedness. The Finance Department's primary function is to record all financial transactions properly and accurately. The department processes all accounts payable, accounts receivable, purchasing requests, and assessment payments. It prepares and distributes all biweekly and monthly payrolls and all related reports.

The Finance Department strives to collect all amounts due to the City in order to produce prompt and accurate financial reports to management and other interested parties. In addition, the Finance Department acts as liaison to the City's underwriters, investors, trustees, and other outside parties in the sale of bonds. Other duties include forecasting, compiling, and distributing the city's annual operating budget, assisting in preparation of the annual audit, and preparing and distributing monthly financial statements to the City Council and departments.