HOME
BID NOTICES
BUDGET
CITY CHARTER
CITY MANAGER
CODE OF ORDINANCES
CITY COUNCIL
& AGENDA
DEPARTMENTS
VOLUNTEER BOARDS
ELECTIONS
EMPLOYMENT
FAQ’s
LEGAL
NOTICES
ORGANIZATIONAL
CHART
WHO TO CALL
|
FINANCE DEPARTMENT
Rita Thompson, Finance Manager
311 3rd Ave/PO Box 270
Brookings, SD 57006
605-692-6281 phone
605-692-6907 fax
rthompson@cityofbrookings.org
Mission Statement
The mission of the City Finance Department is to provide timely
and accurate financial information to the city management and to
the public, and to administer the city's assets, including cash
and investments, in a prudent and intelligent manner.
Programs and Services
The City Finance Department is responsible for the financial operation
of the city, in accordance with GAAP, GASB regulations, the state
laws, and administrative policies established by the City Council
and the City Manager. Activities include preparing and maintaining
the required accounting records, performing budgetary controls,
preparing monthly, quarterly, and annual reports, processing payroll,
processing vendor payments, and administering and investing all
the funds of the city, including the Hospital and Utility funds.
The Finance Department is also responsible for all special assessments.
The goals for the City Finance Department are:
- to provide timely and accurate information about the availabilities of funds
and changes in the funds available for the activities of each city department, and
each program.
- to assisting the City Manager to adopt an adequate budgetary control process,
including incorporating the "Performance Budgeting" procedure into the city's
financial budgeting process. It has been proven that Performance Budgeting - linking
performance measurement to budgeting, is an effective approach to improve both
the services and the efficiencies of an organization.
- to effectively administer city's assets; earn high interest revenues through
investing city's idle cash after considering the priority of safety of principle
and adequate liquidity needs.
- to reduce waste, inefficiency, or misuse of city's funds by applying an
adequate internal control procedures.
- to manage the department's budget and personnel with a focus on efficiency,
effectiveness, and fiscally responsibility.
|
|
