Mission The Department of Finance has the fiduciary responsibility to safeguard the City’s financial assets and manage its financial resources in accordance with the goals of the City Council, City Manager and in compliance with applicable laws and generally accepted accounting and financial management principles. The Department interacts with and supports all departments and agencies of the City through the provision of comprehensive financial services. This includes responsibility for the City’s accounting system, treasury management, banking services, debt administration, and investment portfolio management, along with the coordination and implementation of related internal controls. In addition, the Department provides financial oversight for the City comprehensive Risk Management and Employee Benefits Programs, as well as accounting and other financial services for the Fire and Police Pension Fund. The Department is organized into administrative and four divisions: The Office of the Director, Accounting, Revenue, and Financial Management. The Finance Department is responsible for calculating and publishing the Effective Tax Rate under the Truth In Taxation. |
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