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Treasury and Accounting Operations staff work effectively and efficiently with both internal and external customers to provide the following services: Maintain accurate, reliable financial information for all City funds; maintain accurate financial records for all City assets, liabilities, revenues, encumbrances and expenditures; coordinate state, federal, and independent audits of the City’s financial records; prepare accurate payments of invoices and contracts; and conduct collection activities to assure payment of accounts receivable. Treasury and Accounting maintains the financial records of the City of Allentown in accordance with generally accepted accounting principles. Each year, Treasury and Accounting prepares and publishes a Comprehensive Annual Financial Report for the City of Allentown for fiscal years ended December 31. The Comprehensive Annual Financial Report is issued in June of each year.
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