Finance

About the Department

The Finance Department provides financial, accounting and treasury services for all departments of the city. Standard and Poor’s Global Rating Report (PDF) has assigned the City of Excelsior an AAA bond rating.

2020 Excelsior Fee Schedule - Updated 12/20/2019 (PDF)

Division Responsibilities

Financial Management

  • Assists in issuance of bonds to meet capital project needs
  • Banking relations
  • Calculation of local tax levy
  • Debt service analysis

Accounting

  • Periodic and annual reporting of operations
  • Accounts payable
  • Payroll
  • Accounts receivable / billing
  • Fixed assets

Treasury

  • Protection of city financial assets
  • Cash management to meet long-term and short-term needs
  • Investment of funds
  • Risk management