Responsibilities & Services
The Finance Department has a general responsibility for the financial administration of the city. It provides managerial, analytical, and administrative support for all the departments of the city. Its functions include:

• Budget preparation, coordination, and monitoring for compliance
• Payment of all invoices
• Providing for centralized cash receipts and accounts receivable
• Purchasing goods and services on behalf of the city
• Recording and documenting all financial transactions, fund investments, and debt management
• Risk management
• Tax collection

The Finance Department is also responsible for the annual preparation of budget documents presented to the City Council. It assists in audits, the preparation of the Annual Comprehensive Financial Report and other financial reports of the city.

Divisions
The Finance Department organizationally functions with three separate divisions: the Administration and Budget Division; the Purchasing, Accounts Payable, and Central Stores Division; and the Accounting Division.

Read the divisions' mission statements to learn more about their respective roles and responsibilities.