Finance
The Finance section of Corporate Services provides financial services to the public and internally to the organization.
Finance is responsible for the processing of all accounting functions, including:
- invoicing
- payments to vendors
- collections
- payment processing
The Town’s mandate is to provide these services in a fiscally responsible manner by ensuring the best use of Town of Morinville’s financial resources and to provide quality customer service.
The staff of the Finance section are also responsible for ensuring that all valid transactions are recorded properly in the Town’s financial system, including the preparation of all accounting reports required by legislation or by Council.
Financial reports are produced on a quarterly basis to update Council on the financial progress of the Town.
Finance also plays a lead role in the development and implementation of the annual budget process, fiscal plan, year-end financial review, and provides advice on financial impacts regarding key issues.
Cash management, financial implications of administrative recommendations, and the evaluation of the financial health of the Town are all part of this area's mandate.