Mission Statement
The mission of the Finance Department is to manage the fiscal affairs of Augusta-Richmond County and to provide effective decision-making support for City leaders and executives. The department must endeavor to administer a financial plan that is integrated with and supports the service delivery strategic to operating departments and the Board of Commissioners.
Primary Responsibilities
The Finance Department is responsible for:
- Budget and budget administration
- Accounting
- Financial reporting
- Cash management
- Fixed asset management
- Grant fiscal management
Goals
- Provide timely and relevant information to the Board of Commissioners and Administrator to enhance decision-making and promote the long-term financial well-being of the County. Obtain or produce relevant operating, revenue-performance and economic forecasts to support the decision process
- Administer record keeping methodologies and reporting systems that will ensure compliance with GAAP, federal or state mandates, disclosure rules and contractual or legal requirements
- Participate with the Administrator towards implementing a climate that furthers the County’s decentralized decision-making policies; yet at the same time fosters accountability and appropriate financial controls
- Safeguard county financial assets such as cash negotiable items through the establishment of banking relations and development of recommended procedures for cash and deposits handling, electronic payments, EFTs, and so forth
- Manage City financial assets and liabilities with the objectives of safeguarding principal, achieving market-based returns on assets while remaining with appropriate risk parameter and optimizing the county’s overall cost of capital
- Strive to provide a high level of customer service in all areas of operations