Finance

The Finance Department is responsible for providing quantitative financial information, policy analyses, and recommendations that help the City Council and all City departments make decisions about how to best allocate the resources available to the City.

Our department accounts for those resources and discloses the financial condition of the City and the results of its operations in the year-end Comprehensive Annual Financial Report.  The department also prepares the Annual Operating Budget.

Divisions

Accounts Payable

The Accounts Payable Division is responsible for the timely processing of payments for goods and services purchased for the City of Fremont.

Purchasing

The Purchasing Division works with all other City departments to ensure compliance with the city's Purchasing Ordinance and Procedures offering transparency of our operations.  The division is also responsible for the City's bidding and RFP processes, purchasing card program, fixed assets, and annual 1099 processing.

Revenue

The Revenue Division collects, processes, and audits all locally-controlled revenues.  Performs citywide invoicing and accounts receivable processing.

Treasury

The Treasury Division manages the City's banking relationships, ensuring sufficient liquidity to meet projected cash flow needs, supervising the City's investment portfolio, preparing monthly cash and investments reports to the City Council, issuing debt, and administering the City's debt portfolio.

SEC Municipal Advisor Rule