The Finance Department's mission is to create and sustain a dynamic fiscal structure to meet legal requirements and support the attainment of the overall city mission. To that end, the department applies recommended business practices in Accounting, Auditing, and Financial Reporting, Asset and Risk Management, and Debt Administration.
The department supports financial policy development that promotes fiscal security, long-term self-reliance, and the efficient use of labor while providing the highest level of customer service and information.
Divisions & Responsibilities
The Finance Department of the City of Laconia is comprised of 6 major operational divisions:
- Fiscal Control
- Informational Technology
Responsibilities for the department and its operational divisions are established in the Administrative Code, Chapter 5, Section 5 to 8.
In addition to serving the daily financial operational needs of the City, the Finance Department coordinates the production of the annual operating and capital budgets, provides financial policy development assistance and analysis to the administration and City Council, and accounts for all of the City's grants.