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.