Finance & Budget
Department
The Finance Department is responsible
for the fiscal management, processing, and maintenance of all
accounting transactions for the city. These responsibilities include
accounting policies and procedures, payroll, accounts receivable,
accounts payable, cash receipts, utility billing, the annual budget,
annual audit, annual financial statements, bonding, investment
programs, insurance, capital expenditures and fixed assets.
The department is responsible for the
billing of water, sewer and refuse collection services to
approximately 6000 customers monthly. This also includes opening new
accounts, the notification of delinquent accounts, final billings,
handling of customer problems and complaints, and monthly reporting
of financial and statistical information.
The department processes accounts
payable claims for all departments, all cash receipts, accounts
receivable, journal entries and provides monthly and annual reports
of financial transactions to all department heads. This department
is also responsible for a Bi-weekly payroll for approximately 100
employees, including all quarterly and annual reporting
requirements.
The department is also responsible
for the city’s investment portfolio, the coordination and completion of
the annual budget, the coordination of the annual audit, the
coordination and administration of the city’s insurance programs and
the issuance and sale of municipal bonds in conjunction with the
city’s financial consultants.
The Management Information System
(MIS) division provides the analysis, research, implementation and
ongoing upgrading and maintenance of the city’s computer systems.
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