Overview
The Finance Department serves as the City of AI's primary fiscal and accounting authority. It manages the City's financial operations and ensures accurate, timely reporting to support the Mayor, City Council, Administration, and Department Directors.
Responsibilities
The Finance Department is responsible for:
- Payroll processing
- Accounts payable and receivable
- Revenue collection
- Cash flow management
- Debt management
- Financial reporting
The Department is committed to providing precise financial information to help guide informed decision-making across City government.
Financial reports and publications
- Budgets — adopted operating and capital budgets by fiscal year
- Annual Financial Reports — audited financial statements (ACFR)
- Monthly Reports — revenue, expenditure, and cash position summaries
Budgets
Adopted annual budgets and the five-year Capital Improvement Plan are published shortly after Council adoption each June. Browse budget archive.
Annual Financial Reports
The City of AI publishes an Annual Comprehensive Financial Report (ACFR), independently audited under Government Auditing Standards. Browse audited financial reports.
Monthly Reports
Monthly revenue, expenditure, fund balance, and cash position summaries are posted within twenty business days of month-end close. Browse monthly financial reports.