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CITY
HALL (Map
It!) MISSION STATEMENT The Finance Department manages the City's finances and provides accounting and financial support to all City departments and the Council in a timely, accurate, competent, and courteous manner.
If you have questions concerning Accounts Payable and
would like a response via email, please submit your inquiry to the
Finance Department at
accountspayable@cityofsachse.com. Questions regarding your
utility bill may be sent directly to
utilitybilling@cityofsachse.com.
The accounting firm of Rutledge Crain & Company, PC, Certified Public Accountants, has completed the 2007 Audit for Fiscal Year Ending September 30, 2007. The City's Comprehensive Annual Financial Report (CAFR) was presented to the City Council at the April 21, 2008 meeting and was unanimously accepted. Click here to read the report. (Please note: This document is 94 pages and will take several minutes to download.)
The Utility Customer Service counter at City Hall is more
than just the place to pay your water bills, you may now process and
purchase NEW applications for NTTA TollTags here. City staff is
available to assist you Monday thru Friday, 8:00 am to 5:00 pm with new
TollTags. City staff CANNOT apply monies to existing accounts or
provide replacement TollTags.
Click here for additional information. In January 2008, the Finance Department was awarded its 8th consecutive Certificate of Achievement for Excellence in Financial Reporting (CAFR) from the Government Finance Officers of the United States and Canada. This award is the highest form of recognition in the area of governmental accounting and financial reporting. Established in 1945, the award promotes and encourages all government units to prepare and publish an easily readable and understandable financial document that covers all funds and financial transactions during the fiscal year. To participate, government units must complete an application and submit copies of the CAFR for review and consideration. "This clearly shows the excellent financial position of the city due to the outstanding accounting procedures used," Mayor Mike Felix stated. "The award directly reflects the city's money management." Finance Director Alan Dickerson believes the award will have a positive impact on the city's bond rating as market analysts, investors and others look at the city's unit securities compared to alternative investment opportunities as reported in the CAFR.
S&P RATING ON CERTIFICATES OF OBLIGATIONS RAISED TO 'A' AND 'A' SPUR Based
on the city's rapidly expanding economic and tax base, coupled with the
maintenance of a strong financial position and the demonstrated ability to
manage its capital needs, Standard & Poor's rating of Sachse's
certificates of obligation has been raised to 'A'. Read the complete
notification here.
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