Welcome to the Office of the City Treasurer

Mission

• 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.
• Maximum amount of cash available for investment after meeting daily cash requirements, thereby providing a source of revenue to support the City's financial commitments.

Functions

(1) Management of Custodian Banking for City Treasury:

The four major groups are:

• City Primary Group of Operating, Capital, and related accounts.
• City Departmental & Agency Administrated Petty Cash & Imprest Funds.
• City Segregated Custodial Accounts held by various City Departments & Agencies.
• Custodial Advisor of County & other City Governmental related interests.

(2) Payments out of the City Treasury:

The Office of the City Controller authorizes the issue of checks for payment of expenditures approved by the Director of Finance. The City Treasurer prints and distributes the checks or initiates electronic transfers.

Payments to:  

• Vendors
• General Disbursement of the City
• Debt Service-Special General Disbursements of the City
• Payroll -City Employees
• Pension-City Pension Funded Checks
• Foster Parents-Dept Human Services Administered Program
• Elections-City Commissioners Election Poll Pay & Rents

(3) Cash Management of the City Treasury:  

• Preserve Principle
• Maintain Liquidity
• Maximize Return

Office of the Director of Finance

Investor Information