The Finance Department is responsible for preparing financial plans such as budgets, capital improvement plans, and financial projections. These plans act as roadmaps that are used by all Town departments to conduct their business activities throughout the year.
The Finance Department also manages cash and investment portfolios, as well as oversees debt issuances. The Finance Department oversees the purchasing activities of the Town, including the preparation of bid documents, solicitation for bids and the issuance of purchase orders. The Finance Department records all financial transactions and provides financial stewardship over the assets of the Town. We support the activities of the operating departments and provide fiscal management and oversight.
On a regular basis, the Finance Department reports financial results to the Town Council, Town Manager and internal departments. Annually, the Town is audited by a third party independent accounting firm through a contract with the State of Tennessee.
We encourage all qualified vendors to participate in doing business with the Town of Smyrna.