Revenue & Cash Management

Invest public funds in a manner that will provide maximum security, adequate liquidity and sufficient yield, while conforming to relevant statutes and regulations, and ensure all revenues are received timely and recorded properly.

PROGRAM ACTIVITIES

Manage investment portfolio of approximately $200 million in accordance with the City's investment policy and state law.


Submit monthly investment reports to Finance Committee and City Council.

Manage the City’s banking relationships.


Ensure timely reconciliation of all cash transactions.


Assist departments in establishing appropriate controls and procedures for the receipt of cash and for petty cash disbursements.


Provide ongoing analysis of City revenues.


Forecast and manage cash to ensure adequate liquidity for expenditure requirements.


Conduct a monthly analysis of all City and Banking revenues.

PROJECT OBJECTIVES FOR FISCAL YEAR 2023

Provide a comprehensive analysis of General Fund revenues to the Finance Committee on a quarterly basis.


Submit an annual Statement of Investment Policy for Fiscal Year 2022 to Council by December 31, 2021.

STAFFING INFORMATION


Authorized Positions

FINANCIAL INFORMATION

MEASURABLE OBJECTIVES FOR FISCAL YEAR 2023

OTHER PROGRAM MEASURES