Program Description
Finance is responsible for the proper, accurate, and timely recording of collections and disbursements of city funds and the reporting of these transactions in accordance with generally accepted accounting principles.
This division also develops, coordinates, and monitors the city's spending plans, including the annual operating budget and capital improvement program. Further, Finance is responsible for cash management and investments, processes receipts of city monies and performs payroll distribution.
Performance Objectives
- Provide timely, accurate financial reporting to the city manager, city departments, and citizens
- Maintain budgetary controls to ensure compliance with the annual budget as adopted by the City Council
- Manage cash and investments to ensure that the city receives a maximum rate of return on its investments with minimal risk while maintaining an adequate cash flow
- Maintain a system of internal controls that will ensure that the assets of the city are adequately protected