Finance

The Finance Department is responsible for the accurate and timely recording of all financial transaction of the City and safeguarding the City's assets. Pursuant to the Hiawatha City Code Chapter 7 and Chapter 19, the Finance Director is the accounting officer and treasurer of the City and is responsible for all financial aspects of the City including:

  • Preparing and monitoring the annual budget
  • Preparing and monitoring the 5 year Capital Improvement Plan (CIP)
  • Providing financial information to the City Administrator, the Mayor, the City Council, City Departments and Citizens
  • Developing and ensuring compliance of internal fiscal control policies and procedures
  • Preparing monthly finance reports
  • Preparing and filing State and Federal financial reports
  • Monitoring all receipts and disbursements of the city
  • Processing Accounts Payable
  • Administering, monitoring, and reconciling the procurement card program
  • Point of contact for the annual audit
  • Assuring compliance with State and/or Federal grants
  • Keeping of financial records including:
    • Special assessments
    • Development agreements and the Tax Increment Financing (TIF) rebate schedules
    • Outstanding debt
    • Liability insurance policy and claims