City of Philadelphia: Mission

Management of new and outstanding City debt in accordance with the City's Debt Management Policies, maximizing the value received from new financings and minimizing interest and transcation costs.
Management of custodial banking for all City funds by encouraging standards and practices consistent with safeguarding City funds.
Serve as the disbursing agent for payments from the City Treasury by distribution of checks and electronic payments in the most modern, secure, effective, and efficient method.
Maximize amount of cash available for investment after meeting daily cash requirements, thereby providing a source of revenue to support the City's financial commitments.