The highest priority of this department is to invest, manage and monitor the city’s financial resources according to sound operating practices, and to report the results of the city’s operations in compliance with generally accepted accounting principles, as well as with federal, state, and local laws and regulations. According to City Charter, the Treasurer shall have custody of all monies of the City and shall perform all other duties prescribed by law, the Charter, or the Commission.
The Finance and Treasurer's Office has responsibility for safeguarding the assets of the City. This is accomplished in part by maintaining a comprehensive financial system that administers, records, and reports all financial transactions. The financial information must be current, accurate, and relative in order to provide for the need and decisions of the City Council, City Manager, Department Heads, state and federal agencies and interested citizens.
The Finance Director / Treasurer and staff are also responsible for accounting and control, payroll, purchasing, utility billing, risk management, investments, debt management, retirement administration, and accounts payable.
Finally, the department issues the city’s Comprehensive Annual Financial Report (CAFR) which reports on the results of the city’s annual audit, performed by an independent firm. The department also issues the required State of Michigan Citizen's Guide to Leslie Finances, along with a performance evaluation dashboard, which can be found in the Budget section of our website.