Finance

The Finance Department manages all financial affairs of the City.  The fiscal year runs from July 1 through June 30, and many of the duties of the Department are performed on an annual cycle.  Governments use fund accounting to ensure and demonstrate compliance with finance-related legal and accounting requirements.  The City's 12 governmental funds include the General Fund, which is the general operating fund of the City.  In addition, the City's business-type activities (largely utilities) are accounted for in six separate funds, and various Internal Service Funds are used to track and allocate the costs of certain City-wide services (such as insurance and maintenance programs) to all departments on a cost-reimbursement basis.