Finance

The Finance Department provides a wide range of comprehensive finance support services to the City Manager, the Commission, and all City departments. These include accounting, financial administration and reporting, budgeting, treasury/cash management, investments, payroll, billing and accounts receivable, accounts payable, and licensing.  Overall responsibility for management of the City’s finances rests with the Finance Director.

The Finance Director's duties include: keeping an accurate accounting of all City funds according to standards of municipal accounting; collecting, depositing and investing all City funds; providing information for budget preparation; day to day supervision of Finance Department personnel; and, performing other functions as assigned by the City Manager. 

Accounting                                                                                                                                                                                                           

The Finance Department is responsible for timely and accurate recording and reporting of financial results to the City Manager, the Commission, internal City customers, other government agencies, as well as to the general public. The department ensures that accounting transactions are in conformity with GAAP; evaluates municipal accounting issues; determines if disbursements legally comply with the adopted budget and develops pertinent data for the preparation of the Comprehensive Annual Financial Report (CAFR).

The Division prepares specialized financial analysis for the City Commission, Administration and all other Departments; produces reports for Federal/State/Local and other regulatory agencies, auditors,  and the citizenry; handles coordination of the accounting for Federal and/or State funded grants/projects; and administers the City’s cash management/investment functions as well as processing payroll and accounts payable.

Budgeting

The Finance Department is responsible for the preparation of the City of Livingston’s annual budget. Working with the City Manager, City Commission, and the City’s many departments, the department provides the City Manager and Council a budget that is balanced and reflects the highest priorities of the City. The budget is the City’s annual spending plan which is proposed by the City Manager. Following public hearings, the budget is adopted by the Commission with a majority vote. During the fiscal year, the budget may be amended by the Commission on a majority vote.

The Finance Department provides administrative support to all City departments in the areas of budget preparation and administration; capital improvement program administration; external audits/analyses; and special research projects. 

"Comprehensive Annual Financial Report"