Finance

The Finance Department is responsible for the preparation of the following documents.

  • Annual Budget
  • Annual Comprehensive Financial Report
  • Quarterly Financial Report


Each document requires the processing and financial management of:

  • Accounts Payable
  • Accounts Receivable
  • Cash 
  • Debt 
  • General Accounting
  • Payroll
  • Risk Management
  • Utility Billing

The Finance Department works with all city departments and the City Council to process and prepare financial information.

Awards

The City of Lino Lakes is the recipient of the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association.

Credit Rating

The City of Lino Lakes holds an AA+ rating from independent bond-rating agency S&P Global Ratings.