Finance & Administrative Services
The Department of Finance and Administrative Services supports the City Council, the City Manager, all City departments, and the community, providing a wide range of support for administration and general financial reporting. Finance also supports services to citizens such as business licensing and utility billing, as well as administrative central support to the City's five operating departments. The department has three primary functions: Accounting and Audit, Budget and Operations, and citywide Financial Planning.
Accounting and Audit
The Accounting group completes all required financial report and audit functions. Accounting manages and maintains financial records conforming to generally accepted accounting principles and complying with federal, state, and local laws. This group prepares the Comprehensive Annual Financial Report (CAFR), which is subject to the annual audit, and administers investment of public funds, cash management, and the issuance of debt. This group also provides front desk reception and cashiering services, as well as oversees business licensing and accounts payable.
Budget and Operations
The Budget group collects money on behalf of the City through revenue and receivables via utility billing and accounts receivable. This group monitors finance performance throughout the year, and prepares adjustments as needed for Council consideration and approval. The Budget group is responsible for the preparation, monitoring, and reporting on the City's budget. This group also manages payroll, performs periodic reporting, and maintains the information on the City's financial transparency web portal.
Financial Planning staff works with both budget and accounting functions. The primary focus for these staff is to forecast revenue, and monitor capital and operating spending. Forecasting is done both for same-year analysis and two- to six-year outlook.