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The Finance Department is responsible for the accurate and timely reporting of all financial information for internal and external customers; preparation of the City's Annual Comprehensive Financial Report (ACFR), 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; serves as risk manager and administrator of the City's comprehensive and liability insurance programs; maintains vendor information; processes 1099's, and prepares or assists with the preparation of Requests For Proposals and Invitations to Bid.