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Purpose and Goals

PURPOSE

The Finance Department is responsible for the sound fiscal management of all City assets. Finance provides support to all City departments through leading and managing Finance, Accounting, Purchasing, Print Services, Building Services, Custodial Services, Fleet Services, EMS Billing and Collection, as well as Utility Billing and Collection. Finance directs the City's budget process; monitors and updates long-term financial plans; prepares policy recommendations; plans and coordinates city debt issuances, including presentations to bond rating agencies; facilitates the annual audit with the City's independent auditors; and monitors the City's utility rate structure to ensure financial stability of the City's utility systems. The Finance Department is also responsible for the City's debt and cash management programs, along with implementation of financial policies for the City.

MAJOR DEPARTMENT GOALS

  • Plan for the City's future financial growth.
  • Monitor and protect the City's assets by maximizing available resources, minimizing costs, and protecting cash principal.
  • Monitor the City's operating and capital budgets.
  • Evaluate and make recommendations on City operations and procedures to ensure the most efficient use of City resources.
  • Be the leader in fostering a 'customer-orientated' approach and providing the highest level of service to internal and external customers.