Frequently Asked Questions
(Click once on the question to expand the answer.)
- What are the different divisions within the Finance Department?
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- Accounting
- Accounts Payable
- Benefits
- Payroll
- Retirement
- What is the Accounting division responsible for?
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- CAFR - Comprehensive Annual Financial Report
- What is the Accounts Payable division responsible for?
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- Processing check requests, purchase order invoices
- Processing travel reports
- Accounts receivable
- What is the Benefits division responsible for?
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- For Your Benefit Newsletter (PDF)
- Open Enrollment (November)
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- What is the Payroll division responsible for?
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- Payroll services for city employees and retirees
- Printing and distributing paychecks and direct deposit statements
- Properly reporting and printing City employee W-2 statements and City retiree 1099-R statements
- What is the Retirement division responsible for?
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- Retirement information
- Retirement forms
- Retirement links
- Finance Overview
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The Finance Department provides a wide scope of financial services to the city. The department consists of 23 full-time, one part-time employee, and one summer intern. Employees are highly trained in accounting, finance, benefits administration, and payroll. Department professionals keep abreast on federal and state developments especially in the areas of tax laws and accounting principals. Unlike other departments, finance has two year-ends. For taxes and wage reporting, there is a calendar year-end (December). For financial reporting, there is a fiscal year-end, which is June 30.
The finance department interacts with all city departments on a daily basis in terms of administering employee payroll and benefits, establishing and maintaining the accounting systems, auditing, processing department expenditures, and communicating the financial policies of the department. The Acting Director of Finance, Tonya O'Connell, serves as the ex-officio secretary of the retirement board and as administrative head of the fund which at present exceeds $600 million.




