The Finance Department provides financial management and accounting services support to all City departments. In addition, the Finance Department is responsible for Utility Administration and Information Technology (IT).

Finance Administration is responsible for general accounting, cash management, revenue collection, debt management and the investment of City funds. It is also responsible for all fiscal transactions, payroll administration, the preparation of financial reports, the development of the City's annual operating budget and the Comprehensive Annual Financial Report (CAFR). Property values are determined by the Jefferson County Appraisal District and ad valorem taxes are billed and collected by the Jefferson County Tax Office. An audit of all financial transactions is prepared annually by an external auditor to ensure the proper and ethical accounting of public funds.

Utility Administration is responsible for billing and collection of residential and commercial bills for water, sewer, and sanitation accounts.

Information Technology (IT) is responsible for planning, implementing, managing and monitoring all City information systems. IT directs and participates in the selection and implementation of major computer systems of the City. IT is also responsible for coordinating security functions to insure the protection of data from unauthorized users.