 The Finance Department is comprised of the Utility Office, Tax Office, Accounts Payable, Receivable and Payroll.
The Department is also responsible for maintaining an inventory of all the fixed assets of the City as well as the investment of City funds.
The City of Vandalia Finance Department is also the fiscal agent for the Tri Cities North Regional Wastewater Authority, a joint venture of Vandalia, Tipp City and Huber Heights in the operation of the local wastewater treatment plant that services the three cities. The Finance Department is also th fiscal agent for the Northern Area Water authority (NAWA), a joint venture of Vandalia and Tipp City in the operation of the local water treatment plant that services both cities.
The Finance Department oversees and institutes policies and procedures for the collection, deposit and reporting of all monies received by the City.
Each year a Comprehensive Annual Financial Report is prepared. This report contains the financial statement and other financial and statistical data that provide complete and full disclosures of all material financial aspects of the City.
The Government Finance Offices Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Vandalia, Ohio, for its 2006 Comprehensive Annual Financial Report. This was the 17th year that the government has received this prestigious award. Click here to view or download the 2008 Comprehensive Annual Financial Report.
In order to be awarded a Certificate of Achievement, a governmental unit must publish an easily readable and efficiently organized comprehensive annual financial report, whose contents conform to program standards. Such reports must satisfy both generally accepted accounting principles and applicable legal requirements.
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