Financial Services is responsible for managing the City’s financial planning and operations. This includes:
- Preparing the City’s annual Five-Year Financial Plan, including operating, utility and capital budgets
- Developing long-term financial plans to support strategic decision-making
- Managing the City treasury operations, including cash flow and investments
- Conducting financial analysis for corporate-wide initiatives, such as business planning
- Procuring goods and services for the City through the Purchasing section
- Providing internal financial reporting systems to support Accounts Payable and Accounts Receivable
- Overseeing statutory reporting requirements, such as preparing audited year-end Financial Statements and an Annual Report
- Collecting and managing City revenues, including property taxes, utility charges, grants-in-lieu of taxes and local improvement charges
- Delivering payroll services for City employees