Responsibilities
The Administrative Business Department provides fiscal analysis and management services to the Council Administrator, City Council and all city departments throughout the organization. This department is responsible for all accounting records and reports including the Annual Financial Report.
Managing Assets
The Administrative Business Department manages
- Accounts payable
- Accounts receivable
- Administration of special assessments.
- Cash flows
- City's general ledger
- Investment activity
- Treasury functions
Budget
The division assists in the budget and five-year capital improvement plan compilation and development, the issuance of bonds and other indebtedness of the city, risk management activities, and legislative activities as they pertain to protecting state-level revenue sources.