The Finance Department is an innovative leader and partner in fiscal stewardship. The empowered and knowledgeable finance team provides timely support and consistent guidance to fulfill our customers’ needs. The department manages, protects and reports on the City of Boulder's financial resources to enhance the City's financial condition and, in partnership, develops financial strategies to meet community priorities, and build greater financial transparency and trust in government.
For 2023, the Finance Department recommended a Disaster Recovery and Grant position, an ADA and Title VI Coordinator position, a Licensing Supervisor position, and implemented a new budgeting and public presentation software which will increase transparency and provide the public with a better understanding of how our city's budget achieves desired outcomes,
Operating Budget (FY2021-23)
Expenditure by Program
Responsible for the daily fiscal operations that include accounts payable, accounts receivable, fixed asset reporting, cash receipting, collections, general ledger maintenance, project tracking, purchasing card administration and all financial reporting needs.
Directs activities and ensures communication and collaboration with city departments related to city financial matters including the Dental and Compensated Absences funds.
Coordinates city-wide operating budget development activities, collaborates with the Planning Department and other departments to create the Capital Improvement Program (CIP), provides budgetary support and guidance to city departments, performs budgetary forecasting and analysis, engages in long-range financial planning, and performs policy analysis at the request of the City Manager.
The Purchasing Department assists project managers in all departments to help ensure purchases of goods and services are compliant with procurement rules and provide the best overall value to the city.
Includes compliance and issuances or renewal of regulatory licenses such as liquor licenses, medical and recreational marijuana business licenses, hemp licenses, special event licenses and other miscellaneous licenses.
The Division of Risk Management oversees the city’s general liability and workers compensation programs. This includes insurance procurement, claims management, safety, Americans with Disabilities Act and Title VI compliance.
Accounts for employee and city premium contributions and claim payments; and facilitates the monitoring of the city’s self-insured employee medical plan.
The Tax Audit program focuses on engaging with city taxpayers in the pursuit of voluntary compliance in reporting and remitting the City of Boulder’s various tax revenues including sales and use tax, marijuana excise tax, short-term rental and public accommodation taxes, admissions tax, etc.
Provides business licensing (sales tax licensing), tax collection, reporting, education, and compliance functions for sales and use taxes, accommodation taxes, admission taxes, and other city transactional taxes for over 13,000 licensed businesses.