The Finance Department is responsible for the financial administration of the City.
Its functions include:
All accounting, auditing, financial reporting, internal controls, operating and capital budgeting
The annual presentation of budget documents to the City Council
Budget preparation, coordination, and monitoring
Payment of all invoices
Providing for centralized cash receipts and accounts payable
Purchasing goods and services on behalf of the City
Recording and documenting all financial transactions, expenditures control, revenue management, cash and investment management, and asset and debt management.
The Finance Department also provides management, direction, and oversight for thePurchasing Department. The Finance and Purchasing staffs ensure that financial, procurement and budgetary accountability are met for the entire organization.
The City of Victoria values financial transparency and accountability.