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Finance Department
The Finance Department oversees the accounting, budgeting, court, financial reporting, property tax, and utility billing functions for the City. The Department is also responsible for the management and security of the City’s financial records and official city records, such as minutes, ordinances and resolutions.
Accounting
The accounting function is comprised of external financial reporting, general ledger maintenance, accounts payable and accounts receivable. The City currently has 20 funds that are under the control of the Department. Staff manages the following funds:
- 2 agency funds
- 2 proprietary funds
- 3 capital projects funds
- 9 special revenue funds
- Debt Service Fund
- General Fund
- Internal service fund
- Trust fund
As part of the financial reporting function, staff prepares the Annual Comprehensive Financial Report at the close of every fiscal year.
Budgeting
The budget function includes administration of the budget process and preparation of the budget document on an annual basis. This process commences in January for the upcoming fiscal year and is normally a 4-month process. A draft budget document is prepared for council review at the April work session. The budget ordinance presented for council approval at the May and June meetings. Staff also coordinates implementation of the annual capital and operating budgets and monitors results throughout the year.
Revenue
The department is responsible for the collection of all revenue of the city including property taxes, business taxes and municipal fines. The office also oversees the billing process for utility services, including water, sewer, and solid waste collection services.
Important Documents
Budgets
View Most Recent Annual Budget (PDF) | View Past Annual Budgets