The Finance Department provides a comprehensive financial accounting and reporting system that meets the information requirements of all of its users, and that complies with all applicable laws and regulations. It is managed in accordance with Generally Accepted Accounting Principals (GAAP).

The department safeguards all city assets and promotes their efficient use, while adhering to prescribed City Council and management policies. The information provided by the Finance Department not only allows the public to monitor the city finances, but also provides the city management with a valuable financial planning tool. The Finance Department performs the following major functions for the city:

• Financial accounting and reporting
• Budget preparation and analysis
• Treasury and investment management
• Purchasing
• Accounts payable
• Accounts receivable
• Payroll
• Fixed asset management
• Receipt of cash payments
• Utility billing, collections and accounting