The Department of Finance and Administration is responsible for accounting for all municipal funds, centralized purchasing, budgeting and financial reporting. A division of Finance and Administration, the City Recorder's Office (CRO) is responsible for all municipal treasury functions, public records administration, permits and licenses and administration of City Court. See CRO page for more info on the division.
The Finance Division develops, coordinates, and monitors all phases of the City's operating budget, a total of nine budgeted funds. The primary goal of Finance and Administration is to provide timely and accurate financial information and recommendations to the City Manager's Office and elected officials.
The City of Columbia understands and values the importance of managing the City's finances in a fiscally responsible manner, providing for essential needs and maintaining a stable financial footing. The annual operating budget serves as a business plan and provides funding for existing service levels, major investments including capital projects and debt service. Funding for the city's annual strategic plan is a key element to the city's annual budget.
Note: The City of Columbia received the City's first Distinguished Budget Presentation Award from the Government Finance Officer's Association for the City's Fiscal Year 2019 to 2020 budget. The Finance Department plans to continue to pursue the award as the Fiscal Year 2020 to 2021 budget is developed and approved.