City of Akron Department of Finance

Address

166 S High St
Room 205
Akron, OH 44308
(330) 375-2316

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Details

The City of Akron Department of Finance provides financial services for the City and is made up of the following operating divisions:

• Administration
• Audit and Budget - Financial Reports
• General Accounting
• Information Technology
• Purchasing - Vendors
• Taxation - Income Tax
• Treasury - Licenses and Assessments
• Utilities Business Office - Pay My Bill, Manage My Account, Water, Sewer

The Department is responsible for managing the City’s financial operations in accordance with established fiscal policies.  Primary responsibilities include cash management, investment of funds, revenue forecasting and general accounting which includes financial reporting, internal audits, payroll, accounts payable, accounts receivable, financial oversight and administration of all City funds and accounts.  Other departmental responsibilities are to ensure legal compliance with all grant programs and coordinate the annual audit of the City of Akron.

In addition, the Department of Finance is responsible for annually publishing three important documents: the Operating Budget Plan, the Annual Comprehensive Financial Report (ACFR) and the Annual Information Statement (AIS). The department also publishes official statements for each bond and note issued.