Finance

Goal
The City of Dubuque Finance Department’s main goal is to provide the City Council, City Manager, City’s departments and boards and commissions, accurate, meaningful and timely financial data to satisfy the need for sound fiscal policy and full disclosure.

The Finance Department establishes and maintains internal controls to protect City’s assets from loss and ensure accounting data compiled for financial statements are prepared in conformity with generally accepted accounting principles.

The main responsibilities within the Finance Department are accounts payable, accounts receivable, annual audit, payroll, insurance/risk management, and treasury functions.

Independent Audit
State statute requires an annual audit by an independent certified public accountant. The City utilizes the accounting firm of Eide Bailly LLP.

Awards & Recognition
The Finance Department has received the Certificate of Achievement for Excellence in Financial Reporting for 26 consecutive years.

Boards & Commissions
Investment Oversight Advisory Commission
Purpose:
  • To review the actions and decisions of the City's investments and all money managers for compliance with the City's Investment Policy, and to report any noncompliance to the City Council
  • To recommend, as needed, changes in the City's Investment Policy to the City Council
  • To review the investment performance of the City's investments and money managers and to report to the City Council concerning same at least quarterly