Finance Department

Mission: Maintain the City’s financial stability through monitoring internal controls, supervision of financial growth and provision of accurate accounting of City funds both internally and externally to taxpayers.

The City Treasurer directs the Financial Administration Department as well as the Customer Service Department for utilities. The Financial  Administration Department consists of four accounting staff, including the City Treasurer. Functions of this department include financial reporting, budgeting, and all aspects of accounting. All financial information is gathered and centralized in this department for distribution to other departments, elected officials, vendors and citizens. Payments to vendors and employee payroll are processed through this department.

Annually, the Mayor and Board of Aldermen adopt a budget for the City’s fiscal year. The budget is amended as needed periodically throughout the year. Each department determines their budgeting needs, which are reviewed by the City Manager and forwarded to the Mayor and Board of Aldermen for review.

Property Taxes are levied in mid-summer by the Mayor and Board of Aldermen. The taxes help provide funding for general administrative services as well as public safety, public works, building inspections, code enforcement and parks and recreation. The 2016 millage rate is 7.60 mills. Each year the City must undergo an independent audit. At this time, the financial administration department assembles a Comprehensive Annual Financial Report. This report displays the economic and financial position of the City with statistical information for the past ten years. The Financial Administration Department has submitted this report to the Government Finance Officer’s Association of the United States and Canada for review to receive the Certificate of Achievement for Excellence in Financial Reporting. The City has been awarded this prestigious award each year a report was submitted. The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.