The Finance Department is responsible for City-wide accounting and financial functions. This includes preparation of the City's annual statements and budget documents, biennial utility rate reviews, financial analysis, coordinating long-term debt issuances, and administering the City's cash management program and investing funds accordingly. The department is responsible for the establishment of City internal controls and recording all City financial transactions in accordance with generally accepted accounting principals (GAAP). The Finance Department also provides centralized control over the procurement, storage and distribution of all materials, supplies and service required for City operations, serves as the centralized accounting service for the Public Works and Electric Departments and is responsible for paying all City obligations.
