The Department of Finance is responsible for managing the City’s financial operations consistent with adopted policies and plans. This includes responsibility for payroll and accounting, cash management, debt and investment management, fiscal analysis and planning, and internal controls. In carrying out these functions, the Finance Department seeks to assist other departments in achieving their objectives and assure the City’s long-term fiscal well-being.
The City Treasurer is a part-time position appointed by the City Council to oversee the City’s financial investment portfolio. Working with the Investment and Financing Advisory Committee, the City Treasurer presents an investment policy to the City Council annually for adoption.
Monthly Financial Reports
The Monthly Financial Reports offer a regular snapshot of the City’s financial performance throughout the fiscal year. Compiled by the Finance Department, these reports support transparency, accountability, and informed decision-making.
Each report includes:
- Revenue and Expenditure Summaries comparing actuals to budgeted amounts
- Department/Division spending highlighting notable variances or trends
* Revenues are often seasonal in nature and may not be received evenly throughout the fiscal year, whereas expenditures tend to occur on a more consistent basis.
