The Finance Department’s responsibility is to manage the City’s financial resources in the most cost effective and efficient manner. The Finance Department provides comprehensive financial management and administrative services by computing, analyzing and distributing information on the financial health, direction and progress of the City and through the safekeeping and administration of City funds.

The Department is comprised of the following three sections:

• General Accounting – is responsible for ensuring the accurate accounting and safeguarding of City funds by maintaining accounting and fixed asset records and issuing reports in conformance with generally accepted accounting principles; reviewing transactions to ensure compliance with applicable regulations, policies and requirements; reconciling cash balances for the City’s bank accounts; creating and monitoring the City’s chart of accounts; ensuring the timely, accurate and equitable collection of revenues due to the City by billing, monitoring, collecting and receiving real property taxes and other obligations, as well as the preparation of the Comprehensive Annual Financial Report (CAFR).

• Payroll – is responsible for processing the City payroll on a biweekly basis for approximately 2,000 employees, while ensuring the accurate accounting, and disbursements of payroll funds, and compliance with applicable regulations, policies and requirements.

• Accounts Payable – is a centralized operation responsible for the receipt and processing of invoices for payment, assisting in the resolution of vendor issues, check printing, and providing support to city staff as well as suppliers.