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Overview of the City's Finance Department <br />The Finance Department is comprised of three divisions that include; Finance & Accounting, <br />Information Technology, and the License Center. The Department is led by the Director of <br />Finance, Who oversees departmental strategic planning and is responsible for all departmental <br />activities. <br />Divisional managers oversee day -to -day operations and report directly to the Director. The <br />Department includes 24 full -time and 6 part -time employees. <br />The Finance & Accounting Division includes 7 full -time employees Who perform the following <br />functions: <br />❑ Accounting, auditing, and financial reporting <br />❑ Budgeting and capital planning <br />❑ Treasury and investment portfolio management <br />❑ Debt management <br />❑ Risk management <br />❑ Utility billing <br />❑ Business licensing <br />The Information Technology (IT) Division includes 6 full -time and 1 part-time employee who <br />are responsible for the planning, implementation, and support of citywide information systems. <br />Through business partnerships with other governmental jurisdictions, the IT Division also <br />provides services to the regional area which allows the City to realize a greater return on IT <br />investments. <br />The City's License Venter includes 11 full -time and 5 part -time employees that serve the general <br />public as a MN Department of Public Safety Deputy offering State auto, drivers, and DNR <br />licenses. The License Center also issues passports as governed by the US Department of State. <br />Greater detail on the Finance Department's Strategic Plan is presented in separate sections <br />below. They include expanded information on: <br />❑ <br />Mission Statement <br />❑ <br />Vision Statement <br />❑ <br />Goals & Priorities <br />❑ <br />Action Steps <br />❑ <br />Measured outcomes <br />12 <br />