General Fund Accounting

The General Fund Accounting Department is responsible for the accumulation, control, and reporting of the economic activity for all non-utility functions of the City.  The City's fiscal year is October 1 through September 30.

For the fiscal year 2017, the non-utility budgets for the City are approximately $72 million of which approximately $29 million is payroll related for 630 employees.

The accounts of the City are organized on the basis of funds and account groups, each of which is considered a separate accounting entity. The operations of each fund are accounted for with a separate set of revenues and expenditures.

Government resources are allocated to and accounted for in individual funds based on the purpose for which they are to be spent and the means by which spending activities are controlled.

The most recent Comprehensive Annual Reports are available in PDF Format.  To access these use the "Quick Link"  located on the right side of the page. 
 

 

The annual audit is conducted by 
The Watkins Johnsey Professional Group
516 East Mobile Street
Florence, AL 35630-4747