Finance Department

Mission

The mission of the Finance Department is to provide efficient and effective fiduciary control of the City’s assets and resources, to provide accurate and useful financial information to City organizations and the community we serve, and to promote sound strategies that will support the City’s fiscal and operational goals while preserving the integrity of the organization.

For the City of Modesto, the finance department is in charge of all financial duties, including grant management, accounts payable, payroll, revenue collection, financial reporting, and much more.

We realize that our citizens are the most important component of this organization therefore we strive to serve with excellence.

  1. Reports and Publications

The Finance Department oversees all of the City's financial functions. These include: 

  • the collection, receipting, disbursement and accounting of all monies received in accordance with Generally Accepted Accounting Principles; 
  • the investment of cash balances; 
  • the development and administration of operating and capital improvement budgets; 
  • the administration of a centralized purchasing system; 
  • the issuance of new debt instruments; 
  • the preparation and development of financial statements, audits and grants, and oversight of outstanding debt covenants.