Finance
The Finance Division is part of Administrative Services. It is responsible for protecting the Town's fiscal health and sustainability by maintaining compliance with financial policies and internal controls, accurate accounting of financial transactions, timely revenue collection and accounts receivable processing, timely payment of accounts payable, payroll and debt service, transparent and professional financial reporting, effective budget management, grant administration, cash and investment management, debt financing and administration, and ensuring efficient purchasing practices.
The department provides professional support to the Truckee Town Council, Town Manager and operating departments to assist them in making sound financial and organizational decisions that promote the fiscal sustainability of the Town and its ability to provide services to the community.
Financial resources include:
- Investment and oversight of cash management
- Investment policy (PDF) and investment portfolio
- Preparation of annual operating budget, fiscal analysis and financial planning
- Preparation of Annual Financial Report
- Process the Town's accounts payable disbursements as governed by the Town's Purchasing Ordinance (PDF)
- Process payroll for approximately 120 regular and temporary employees
- Revenue recognition
- Grant and project accounting and reporting
- Debt Administration
It is the Finance Divisions mission to protect and enhance the community's assets by assuring compliance with all regulations and providing accurate, complete information.