The mission of the Finance Department is to provide timely, complete and accurate financial information to the City Council, City Manager, and all departments and to properly safeguard the assets of the City.
Maintain the general ledger system
Maintain the bi-weekly payroll
Generate vendor accounts payable checks
Perform daily cash and banking activities
Maintain financial records for all city grant programs
Maintain all city bank accounts
Maintain investment records
Prepare quarterly investment reports
The Finance Department is responsible for the preparation of the periodic reports to federal and state agencies and the depository contracts. The department bills and collects Hotel/Motel Occupancy Tax, coordinates with the city’s independent, federal and state auditors, and prepares financial reports for the City Council and City Manager. The department also maintains the capital asset records of the city.
City Budget & Board Membership
The Finance Director and staff also assist the City Manager with the preparation of the annual city budget. The Finance Director serves as trustee on the Firemen’s Relief and Retirement Pension Fund Board and as an ex-officio member of the Board of the Marshall Downtown Development Corporation.
Risk Management-Insurance Claims
The Finance Department is responsible for all Risk Management Insurance Claims. If you received damage to your personal property, please click here to access the fillable claim form. The Finance Department will pass your claim on to the insurance company, and the insurance company will contact you directly. Please provide any pictures, estimates and all information pertaining to your claim.