Finance

Finance

The Department of Finance is responsible for the City's administrative and financial reporting.  It provides all City departments and offices with centralized budgeting, accounting, treasury, debt-management, purchasing, billing, collections, payroll and fringe benefits, insurance, personnel, and data-processing services.  The Department oversees the 15 funds that currently make up the City's annual budget.  For the year 2017, the budget includes approved expenditures of $34,589,100, with $26,606,300 in operating costs and $7,982,800 for construction projects and major purchases, all which were to be offset by $27,714,600 in anticipated revenues from a variety of sources and from cash reserves.