Finance Department

Administration

Primarily functions to coordinate the department's activities and serves as quality controller of external departmental comprehensive reports. The division also assists external auditors, and formulates policies for financial operating efficiency in other City departments.

Central Accounting

The primary responsibility of the Central Accounting Division is to ensure that adequate funds are maintained for all disbursements of the City in both payroll and accounts payable areas. The Division is also responsible for the processing of all transactions through the centralized financial systems (FAMIS) and the distribution of management and departmental reports which are generated by the system.

The current Comprehensive Annual Financial Report (CAFR) and those from previous years are available for online review.

Risk Management

Risk Management supervises programs in the areas of employee safety, loss prevention, property, casualty, health/dental/life, and Section 125 benefit programs. The Division minimizes dollar losses through planning, organizing, directing and controlling the resources and activities in the City.

Risk Management also provides investigative services on claims arising out of automobile liability, general liability and police professional liability and monitors Workers' Compensation and related legal expenditures being handled by a third-party administrator.

Treasury

Division accounts for and monitors all revenues received by the City. The division assures sufficiency of working capital by making funds available when needed and maximizes return on capital through the administration of an aggressive investment program. The Treasury Division prepares and collects utilities and special assessment billing, oversees the City's revenue projections, and conducts all grant accounting activities.

Investor Information

The City of Fort Lauderdale has engaged DAC as its Investor Relations Provider. To view the city’s secondary market disclosure information:

Go to www.dacbond.com
In the “DAC for Investors” box on the left, click on “Register” to select your personal username and password

Your username and password will be immediately activated.

Type your username and password in the fields provided on the Home page or Log In page
On the bottom of the “Attention” page, click on “Continue”
On the left in the “Quick Search”, leave the first box defaulted to “Obligor”
Type “Fort Lauderdale” in the second box and click the double arrows
Click on “Fort Lauderdale, Florida, City of” to view a list of issues OR click on “Disclosure” to view documents filed