Annual Comprehensive Financial Report

The Financial Accounting Division is responsible for timely and accurate recording and reporting of financial results to the City, government agencies, as well as to the general public. The Division ensures that accounting transactions are in conformity with GAAP; evaluates municipal accounting issues; determines if disbursements legally comply with budget ordinances; and develops pertinent data for the preparation of the Annual Comprehensive Financial Report.

The Division prepares financial analysis for City Council, Administration and Departments; produce reports for Federal/State/Local and other regulatory agencies, auditors, private sector financial entities and the citizenry; handles accounting for Federal and/or State funded grants/projects; and administers the City and Schools cash management/investment functions as well as debt portfolio.