Finance
The Assistant City Manager/Finance Director, appointed by the Mayor and City Council, administers a department consisting of three divisions, accounting, purchasing, and information systems. The Director also acts as the City's Risk Manager, and Treasurer to the Monroe Building Authority.
The Finance Department performs the functions of financial advisor and financial administrator in support of city operations. Specific duties include:
- budget preparation and control
- maintenance and control of accounting records
- accounts payable
- miscellaneous accounts receivable
- payroll processing
- debt issue manager and coordinator
- capital asset accounting
- investment of City monies (except pension funds)
- coordination of property, liability, and workers compensation insurance coverage
- annual comprehensive financial report (ACFR) preparation
- coordination of the annual audit
- administration of information systems
- purchasing/procurement coordination
The Finance Department received the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting for the Fiscal Years 2001 - 2020 ACFR's.