Haltom City - Accounting Division

The Accounting Division operates out of the Finance Department and is responsible for the following duties:

• Oversee the collection, disbursement, and investment of all City funds.
• Provide timely and accurate fiscal management data to City management, staff, and Council.
• Prepare and monitor the annual budget approved by the City Council.
• Prepare and monitor multi-year financial models.
• Coordinate the planning, issuance and repayment of debt.
• Coordinate and plan the annual City audit of its accounts and financial statements.
• Preparation of the Comprehensive Annual Financial Report (CAFR).
• Perform the accurate recording of financial transactions into the City’s general ledger.
• Monitor all grant funded projects throughout the City
• Process accounts payable to ensure that vendors are paid in compliance with the terms of purchase.
• Issuance and processing of accounts receivable invoices for the collection of liens, health and safety inspection fees, and other miscellaneous items.
• Invest idle City funds for the best possible yield after ensuring the safety of the investment and anticipating future liquidity needs.

Tags: Accounting Division, Haltom City Finance Department, Accounts Payable, Accounts Receivable