Finance

Responsibilities

The Finance Department is responsible for managing the city's money. The department both manages all current financial operations and ensures the city maintains a strong fiscal position for the future.

Specific responsibilities of the Finance Department include:

• Advising the City Council, staff and various boards of financial issues related to current projects and operations
• Creating monthly and annual financial reports
• Developing plans to finance city projects and operations
• Maintaining all funds in various bank and investment accounts
• Managing the city's debt
• Preparing the annual budget
• Processing and paying bills for all departments
• Processing payroll for all employees
• Processing the billing for four municipal utilities - electric, gas, water and sewer
• Receiving and depositing payments from customers

Summary of City Finances

Sioux Center's finances are split into two major categories - municipal utility finances and the general fund, which includes all other city departments and projects.