The Finance Department has the responsibility to account for all municipal resources, and to maintain a fiscally sound government organization that adheres to legal requirements and financial management principles, and to apply such resources in a manner, which is most beneficial to the residents and businesses of DeKalb.
The Finance Department is responsible to administer the fiscal operations and maintain the accounting records for the City, which includes cash management, investments, budgeting, and debt administration. The Department ensures the accuracy of the general ledger, reconciles all cash accounts, administers payroll, maintains all investment transactions, prepares annual budget documents, processes accounts payable, and collects revenues including licenses, fees, fines, utility services, airport operations, and local taxes.
The Finance Department is dedicated to providing residents and businesses with exceptional government financial management. The Department's commitment to financial excellence has been recognized nationally by the Government Finance Officers Association (GFOA), which has presented the Department with the Certificate for Excellence in Financial Reporting for its Comprehensive Annual Financial Report (CAFR).
Financial policies are central to a strategic, long-term approach to financial management. The objective of these policies are to assist City Council and City Management staff in making budgetary decisions based upon sound financial principles.