FINANCE DEPARTMENT

The Finance Department for the City of Lakewood maintains the financial infrastructure of the City. This department oversees the day-to-day activities of accounts payable, accounts receivable, payroll, property management, purchasing, revenue collection, sales and use tax audits, budget, and other related accounting activities. The department has authorized 34 full-time employees and 5 part-time employees. The Finance Department provides oversight of Fund Balances through revenue and expense projections, compliance with State Budget Law - (PDF File), compliance with City Charter, Governmental Accounting Standards Board (GASB) Statement 34 known as GASB 34, and approved budget data.

Mission Statement:

"Provide a responsive fiscal and asset management foundation to meet the needs of the community through professional, knowledgeable, and ethical services."

The Finance Department consists of four (4) divisions:

Accounting
Administration and Budget
Property and Purchasing Services
Revenue

What we do:

• Budget Coordination
• Financial Reporting
• Supports Budget and Audit Committee
• Sales/Use Tax Ordinance Administration
• Utility Billing and Collection
• Manage Debt, Cash and Investments
• Property Management and Acquisition
• Purchasing
• Mailroom Activities
• Support Diverse Operations and Functions
• Focus on Responsive Internal and External Customer Service
• Warehouse for Financial and Property Information

Driving Directions: Map, Narrative

Email the Finance Department

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