Budget Category 6

AGENCY: General Government

DEPARTMENT: Financial Administration

SUBAGENCY: Treasurer - Finance

DEPARTMENT HEAD: James E. Heilman

FISCAL YEAR: January 1, 2014 - December 31, 2014

PURPOSE: The City’s goal is to produce, maintain and preserve all required City related financial, accounting, and investment documents in accordance with State Statutes and City Codes.

RESPONSIBILITIES: This budget provides the Treasury-Finance Department with the resources to produce, maintain and preserve the financial resources of the City. This allows the Treasury-Finance Department to serve the residents, elected officials and employees of the City by being able to meet their relevant financial information needs

The Treasurer-Finance Director is responsible for managing and integrating a program of broad, comprehensive financial services for the City, including utility rates and customer water and sewer billing services, license fees and other permit fee administration and collection and the management and investment of City funds. The Treasurer-Finance Director serves as Risk Manager and ensures sound programs of insurance coverage and loss control.

The Treasurer-Finance Director is responsible for collection, receipting, depositing and dispersing of all monies paid to the City; performs cash management analyses and makes investments of City funds; ensures compliance of investment activities with policy requirements; monitors and evaluates investment performance; stays abreast of law and regulations governing municipal financing and capital financing strategies; monitors current debt payments and ensures compliance with reporting requirements; evaluates alternatives for financing or refinancing of debt; works with financial advisors and bond counsel as required for the issuance of Council-approved bonds.

The Finance department is responsible for accounting, cash management, utility billing, permit billing and collections, impact fee administration; risk management and loss control, payroll and benefits administration and related functions; the department develops, implements and monitors long-term plans, goals and objectives focused on achieving the department's mission and assigned priorities; participates in the development of and monitors performance against the annual department budget; manages and directs the development, implementation and evaluation of plans, policies, systems and procedures to achieve annual goals, objectives and work standards.

STAFF: Treasurer-Finance Director
              Bookkeepers
              Financial Assistant