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.