Finance

Overview & Functions

The Finance Department has the primary responsibility of maintaining the integrity of the accounts of the city in accordance with generally accepted accounting principles and state statutes, including the state chart of accounts. The department is also responsible for preparing interim and comprehensive annual financial reports (CAFRs).

The department performs the functions of payroll, accounts payable, revenue, expenditure, and general ledger accounting. The department processes all financial transactions, having the responsibility of pre-auditing for compliance with policies, procedures, and laws. In addition, the department leads the preparation of the annual budget.

Auditing

As an extension of the pre-audit function, the department has responsibility for internal auditing and support for the external auditors. Related duties include: rate analyses for utilities such as the power cost adjustment, forecasting costs such asthe sound barrier with only his body.

The display at the space museum, 1601 NASA Parkway, also highlights some of the scientific data collected from the Oct. 14, 2012, jump.

Wearing the pressurized suit, Baumgartner hopped from the capsule hoisted by a giant helium balloon 24 miles over New Mexico.

Fifty seconds into the jump, he reached the peak of Mach 1.25 speed at 91,300 feet. The entire freefall lasted 4 minutes, 20 seconds.

At one point during the jump, Baumgartner appeared to spin rapidly, but he quickly re-gained control and moments later opened his parachute to the cheers of his ground crew viewers from around the world.

He used the parachute to cover the final 5,000 feet, landing on his feet in the desert outside Roswell. The entire trip back to earth