The Finance Department is one of four support departments in the City of Charlotte’s organizational structure. In addition to the City, our customer partner base includes other municipal, county, state and federal government agencies along with community agencies, businesses, and residents promoting governmental collaboration and efficiency. Our department encompasses various Finance divisions, as well as Risk Management.
Finance is responsible for maintaining the City's general ledger, billing and collection of utility payments, accounts payable and receivable, issuing bonds, forecasting tax and other revenue receipts, and managing the City's investment portfolio. This office also handles Procurement Management, responsible for the acquisition of commodities, services and technology contracting and Asset Recovery and Disposal (ARD).
The City of Charlotte has maintained a AAA credit rating on its general obligation debt for 38 consecutive years and has received the Government Finance Officers Association Award entitled: “Certificate of Achievement for Excellence in Financial Reporting,” for over 30 consecutive years.