Finance Department


City Of Schenectady 2021 Proposed Budget Presentation

Overview


The Finance Department is responsible for all fiscal transactions and general accounting for the City of Schenectady.

Primary duties of the Finance Department include:
  • Working with department heads and the Mayor to develop annual budget recommendations
  • Preparing the City’s Annual Financial Report
  • Managing City assets
  • Investments and debt issuance
  • Overseeing City tax collections
  • Performing financial analysis
  • Monitoring and forecasting City revenues and expenses
  • Preparing fiscal reports
  • Processing payroll
The Finance Department also serves as liaison to:
  • Audit Committee
  • Division of Budget
  • External auditors
  • State Agency Comptroller
  • Tax and Finance
  • The City Council Finance
The Commissioner of Finance and Administration is one of three Commissioners within City government and has responsibility for the following departments:
  • Accounts and Disbursements
  • Assessment
  • Development
  • Human Resources
  • Purchasing
  • Receipts