Page 167 - CityofColleyvilleFY25AdoptedBudget

Finance

Matthew Poston
Director of Finance

The Finance Department provides essential nancial administration, accounting, and purchasing services for the City,
housed within the General Fund. Core responsibilities include nancial reporting, payroll processing, debt management,
treasury management, general ledger maintenance, coordination of external audits, accounts payable, employee expense
report processing, and the preparation of monthly reports for the City Council. Additionally, the department is responsible
for developing policies and procedures, maintaining and preparing the Annual Comprehensive Financial Report, and
overseeing the preparation of the annual budget.

The Finance Department also manages the Utility Billing Division, which is responsible for the billing and collection of all
utility bills in the City. This includes setting up new accounts, processing payments, and coordinating with the Utilities
Department by sending work orders for meter services.

Aligned with the City's strategic goal to demonstrate stewardship of public resources and deliver responsive, ef cient
services, the Finance Department is committed to enhancing transparency. The department continually seeks to improve
access to nancial information for both employees and citizens, supporting Colleyville’s vision, mission, and values.

Expenditures Summary

A1,326,619 $94,529
(7.67% vs. prior year)

Finance Proposed and Historical Budget vs. Actual

$1.5M

$1.25M

$1M

$750K

$500K

$250K

$0
FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Actual Budgeted

City of Colleyville | Budget Book 2025 Page 167