Responsibilities and ServicesThe 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 PoliciesFinancial 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.
- Accounting, Auditing, and Financial Reporting Policy
- Budget Policy
- Capital Asset Policy
- Capital Equipment Replacement Policy
- Debt Management Policy
- Fund Balance Policy
- Investment Policy
- Revenue and Expenditure Policy
The goal of the City’s purchasing program is to obtain quality goods and services at the lowest possible price. The purpose of this manual is to establish guidelines to achieve this goal within the philosophy stated above. Therefore, the procedures contained in this manual will assist the City Manager and Department Heads in procuring necessary goods and materials in a manner that is consistent with the highest standards of public service.