The Finance Department oversees all of the city’s financial functions. These include: the collection,
disbursement and accounting of all monies received in accordance with Generally Accepted Accounting
Principles; the investment of cash balances; the development and administration of operating and capital
improvement budgets; the administration of a centralized purchasing system; utility billing and collections;
business license enforcement; parking ticket administration; the development of various rate and fee studies;
the issuance of new debt instruments and oversight of outstanding debt covenants.
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