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ADOPTED | BUDGET

Finance

Who we are

The Finance Department includes: Finance Administration, Accounting, Purchasing, and Utility. Finance
Administration is responsible for the overall management of the department, as well as debt and treasury
management. Accounting is responsible for the City's accounting activities, financial reporting, accounts payable /
receivable, fixed asset management, and the City's ambulance billing services. Purchasing manages the City's
purchasing processes including competitive bidding, purchase orders, purchasing cards, vendor management, and
auctions. Utility Billing is responsible the City's water, sewer, drainage, and garbage billing, meter reading and the
related customer service functions.

What do we do

1 General Accounting & Reporting 5 Capital Asset Management
2 Treasury Management 6 Accounts Payable
3 Debt Management 7 Accounts Receivable
4 Purchasing 8 Utility Customer Service Program

Council Priorities

Quality Community Development & Revitalization Sense of Community
Efficient & Effective Transportation System Targeted Economic Development
Safety and Security Local & Regional Leadership
x Financial Stability x Efficient & Effective Delivery of City Services Goals & Measures
x Positive City Image

FY 2021‐22 Top Accomplishments

 The City received the Certificate of Achievement for Excellence in Financial Report ('CAFR Program') for the 35th
consecutive year.

 The Fiscal Year 2018/2019 annual financial audit and Fiscal Year 2018/2019 Single Audit were successfully
concludes and the corresponding reports issued on time. Both received an Unmodified, or "clean" opinion.

 This fiscal year staff began the implementation of the City's new financial system, which will provide significant
improvement to the City's processes and financial operations.

204 NRH | TEXAS