FINANCE KEY RESPONSIBILITIES: The Finance Department is responsible for the financial administration of the City involving general accounting, payroll, accounts receivable and payable processing, as well as the collection of property taxes and other fees and charges. We oversee the annual budget process, corporate borrowing and investing, purchasing, insurance coverage and claims, and manage reserve and surplus balances. We produce the City’s annual financial statements as well as other legislated financial reports. Our staff support other departments by preparing historical financial data analysis, developing projections and forecasts, and assisting with grant applications and reporting. Finance staff support the 311 call system as well as manage a large volume of in-person inquiries at City Hall.
CORE DEPARTMENT MANDATES: • Financial planning and budgeting. • Financial controls and full cycle accounting. • Investing. • Payroll. • Procurement.
30 CITY OF CRANBROOK 2018 ANNUAL REPORT
