Welcome to the Office of the Director of Finance

Director of Finance

The Office of Director of Finance was created by the Philadelphia Home Rule Charter, adopted by the electors of the City on April 17, 1951, to give the Mayor and the City government a principal officer responsible for the financial, accounting, and budgeting functions of the executive branch. The Director of Finance is thus the chief financial officer of the City and all powers and duties concerning finances, accounting, and budgeting in the executive branch are directly or indirectly the Director's. The Director of Finance is also the Chairman of the Board of Pensions and Retirements and an ex-officio member of the board of various quasi-governmental agencies, including the Pennsylvania Intergovernmental Cooperation Authority.  The City of Philadelphia operates on a fiscal year between July 1st and June 30th.

The Office is organized in the following major units: 

Accounting Bureau

The bureau's major objectives include recording the City's financial activity, maintaining the centralized accounting system, preparing payroll, processing payments and issuing required financial reports.

 

Minority Business Enterprise Council

MBEC creates an environment of inclusion whereby minorities, women, and disabled businesspersons are given equal access to business opportunities with the City.

Office of Administrative Review

Provides citizens of Philadelphia with a consistent appeal process and high-quality adjudication by review of administrative cases; administration of the adjudication process, and financial management of disputed cases.

 

Office of Budget and Program Evaluation

Prepares and directs oversight of the operating budget, provides financial forecasts and updates the City's Five-Year Financial Plan.

Office of Risk Management

Analyzes the City's insurance and other risk exposure issues, including managing claims, workers' compensation, and service-connected disabilities. Provides insurance prevention programs.

Government Finance Officers Association

Investor Information