The Finance Department is responsible for providing financial information, payroll services, and the administration of all other financial affairs of the City through sound management of the City's financial activities. Sound financial management is achieved by operating in accordance with the State law, the City Charter, and applicable ordinances and policies of the governing body.

Mission
To demonstrate integrity, accountability, consistency, and professionalism while emphasizing strategic financial planning and performance reporting to the City departments, boards and commissions, City Council, and Mayor, while ensuring the use of public funds are maximized in an effective and efficient manner.

Functions

• Accounting – Oversight of daily operations which include miscellaneous receivables, hotel occupancy tax collections, reconciliations, travel administration, accounts payable, payroll and compliance management.
• Budget – Organizing and preparing the operating and personnel budget and capital improvement plan, forecasting, and monitoring city expenditures including grants and performance measures.
• Treasury Management – Reviewing the City’s debt, investments and City portfolio, cash flows, and revenue collections.
• Purchasing – Central location for procurement, vendor liaison, contract management and fixed assets management.
• Utility Billing – Distributing and collecting the City’s water, sewer and gas service payments. 

Investment Policy
Investment Policy

Coronavirus State and Local Fiscal Recovery Funds (SLFRF)
The Coronavirus State and Local Fiscal Recovery Funds will deliver $350 billion for State, Local, Territorial, and Tribal Governments to respond to the COVID-19 emergency. This relief program will allow the city to receive reimbursement for expenses made to support urgent COVID-19 response efforts to continue to decrease spread of the virus and bring the pandemic under control, replace lost public sector revenue to strengthen support for vital public services and help retain jobs, support immediate economic stabilization for households and businesses, and address systemic public health and economic challenges that have contributed to the unequal impact of the pandemic on certain populations.

Funds provide substantial flexibility for each jurisdiction to meet local needs - including support for households, small businesses, impacted industries, essential workers, and the communities hardest-hit by the crisis. These funds also deliver resources that recipients can invest in building, maintaining, or upgrading their water, sewer, and broadband infrastructure.

SLFRF Proposed Obligations