The Schenectady Finance Department is an integral arm of the City of Schenectady’s municipal government, responsible for managing the city’s financial operations with transparency and efficiency. As the central hub for fiscal oversight, the department oversees budgeting, accounting, revenue collection, and financial reporting for all city departments. It plays an essential role in maintaining the city’s fiscal health, ensuring compliance with local and state regulations, and supporting public services through sound financial planning. The Finance Department manages property tax billing and collection, working closely with residents and commercial property owners to facilitate timely and accurate payments.

A key function of the department is preparing comprehensive annual financial reports, which promote accountability and offer insights into the city’s financial position. The department also collaborates with internal departments and external auditors to ensure best practices in public fund management. As part of its community-focused services, it provides residents with accessible information on tax policies and payment procedures. The Schenectady Finance Department is committed to operational excellence and fiscal responsibility, upholding public trust while supporting the city’s strategic goals.

Key Services:

– Administration of citywide financial planning and budgeting
– Property tax billing and revenue collection
– Accounting and financial record-keeping for municipal operations
– Oversight of payroll and vendor payment processes
– Preparation of annual and quarterly financial reports
– Coordination with external auditors and regulatory compliance
– Treasury and debt management for the city
– Public access to financial statements and tax information