Finance Administration is responsible for providing leadership and direction to Financial Services in the development, coordination and administration of departmental policies and procedures.
Financial Planning prepares the Corporate Budget; develops reserve projections and administers reserve funding, prepares utility models and long-range financial plans to support corporate and community needs (eg. Debt Servicing Plans, (DCC's) and 5-Year Financial Plan). The division also records and distributes financial information and maintains the City's data entry function.
Financial Accounting and Systems
The Financial Accounting and Systems prepares annual financial statements, administers accounts payable, letters of credit, performance deposits, deferred revenues and manages the City's debt. It also develops and implements financial systems.