The Finance Department receives and accounts for all funds paid to the City and disburses all funds for compensation to employees and services rendered to the City. The department is responsible for prudently managing the City’s debt and investments, preparing the annual budget and capital improvement plan, valuing and tracking its infrastructure and fixed assets, overseeing the annual audit, and providing timely and insightful financial information to assist the Council and City administration in its planning and decision making. The department maintains the City’s MUNIS central accounting system, which provides real time revenue and expense information to all City departments including the School and the water and sewer enterprise funds.

The department has two divisions, staffed by a total of eight employees.  The Tax Office receives and accounts for all funds paid to the City.  It generates tax bills, collects tax, sewer, water and a variety of other payments, handles vehicle registrations, and issues hunting, fishing and dog licenses.  The Finance Office disburses City funds, administers and furthers City financial policies and procedures, and oversees the financial health of the City.  It pays all bills, administers payroll and benefits, prepares the annual budgets and audits, and manages cash, grants, capital planning and debt issuance, among other things.

While its funds flow through and are overseen by the City, the School Department has its own Business Manager and Financial Assistant who manage School finances, including input of School payroll, accounts payable and general billing, administration of School employee benefits, and preparation of the School budget.