The Finance Office is committed to ensuring and maintaining the financial integrity and stability of the City and to prepare for future growth by providing leadership and direction to the City departments.
Core Responsibilities
Financial planning: The department plays a key role in the City's financial planning processes, including forecasting revenues and expenses, developing financial strategies, and advising on long-term financial sustainability.
Procurement: The department oversees the City's procurement processes, ensuring that goods and services are purchased in a cost-effective, transparent, and compliant manner. This involves managing contracts, vendor relationships, and competitive bidding processes.
Debt management: The Finance department is responsible for managing the City's debt, including issuing bonds, making debt service payments, and ensuring compliance with debt covenants. The goal is to maintain a balanced and sustainable debt portfolio.
Developing the annual General Fund Budget: The Finance department collaborates with other City departments to prepare the annual General Fund Budget, which outlines the City's planned revenues and expenditures for the fiscal year. This budget is critical for funding City operations and services.
Developing the Utility Fund Budget: In addition to the General Fund, the Finance department develops the Utility Fund Budget, which covers the financial planning and operations of the City's utilities, such as water and wastewater services.
Received the GFOA Award for Excellence in Financial Reporting on the City's FY 2022-23 Comprehensive Annual Financial Report for the 7th year in a row.
Received the GFOA Distinguished Budget Presentation Award for the 6th year in a row, on the City's FY 2024-25 Budget Document.
Received the GFOA Popular Annual Financial Reporting Award for FY 2022-23, the 3rd year in a row.
Received the GFOA Triple Crown designation for 2021, 2022 and 2023.
