Finance

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Finance Department 

The Finance Department is responsible for managing the City's finances in accordance with established policies and procedures. The Department is comprised of the following functional areas:

  • Finance reporting
  • Budget preparation
  • Treasury/Investment
  • Cash Management
  • Accounts payable and receivable
  • Business License

Managed by the Director of Administrative Services, the Finance Department has the ultimate responsibility for the financial record keeping and for safeguarding the financial assets of the City. 


Financial Reports

Comprehensive Annual Financial Reports (CAFR) are available for review:


Budget

Each year, the Finance Department coordinates the budget process for the City. Draft budgets are submitted by each City department for every City program and activity, then reviewed by the Executive Management Team. All budget information is compiled in a single budget document, which serves as a financial plan for the City throughout the year.

City Budgets:

Successor Agency - Administrative Budget

The Oversight Board approved a resolution number 14-15 last February 27, 2014 to the Successor Agency to the Dissolved La Puente Community Development Commission approving an Administrative Budget for Fiscal Year 2014-2015 pursuant to Health and Safety Code Section 34177(j).

Successor Agency - Recognized Obligation Payment Schedule (ROPS)

The Oversight Board approved a resolution number 14-16 last February 27, 2014 to the Successor Agency to the Dissolved La Puente Community Development Commission approving a Recognized Obligation Payment Schedule (ROPS) 14-15A pursuant to health and Safety Code Sections 34177(1) and 34177(m) for the period July1, 2014 to December 31, 2014.

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