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Finance Department


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 Bids & Proposals 

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 Comprehensive Annual Financial Report 

 Purchasing Documents 

 Surplus Auction 

 

 

The Finance division is responsible for the accurate and timely reporting of all financial information for internal and external customers; preparation of the City's Comprehensive Annual Financial Report (CAFR), the City's Financial Trend Monitoring System and the Commonwealth of Virginia Auditor of Public Accounts Comparative Cost Transmittal; assisting with the preparation of the City's annual budget; preparing projections for the City's Capital Improvement Budget and management analysis; maintaining the City's health and dental insurances, flexible benefits plan and 457 deferred compensation plan; and compliance with numerous local, state and federal regulations.

 

The Purchasing division oversees and audits all city purchases and payments for goods and services; prepares purchase orders; tags fixed assets that are capitalized; serves as risk manager and administrator of the City's comprehensive and liability insurance programs; coordinates telecommunications services; keeps vendor information; processes 1099’s, and prepares or assists with the preparation of Requests For Proposals and Invitations to Bid.

 

 


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