Finance

Mission Statement

The City of Spearfish’s Finance Office shall uphold or exceed the standards of accountability mandated by the State of South Dakota; shall fulfill the trust delegated to it by the Spearfish community; shall provide professional and accountable guidance to all elected officials and employees regarding State Statutes and administrative rules relating to all other areas of responsibility assigned to the department; shall respectfully and professionally execute the responsibilities of customer service, both external and internal; and, shall utilize the assets of this office to benefit all programs conducted by the City of Spearfish.

Money

Location

The City of Spearfish Finance Office is located on the first floor of the Municipal Services Centre.

Responsibilities

The Finance Office is responsible for:

  • Accounts payable administration
  • Accounts receivable administration
  • Appropriations and annual budgeting process and administration
  • Business Improvement District (BID) financial administration
  • Customer utility registration and disconnection requests
  • Debt financing
  • Fiscal policy
  • Grant administration
  • Insurance
  • Internal controls
  • Investment of city funds
  • Liquor licensing
  • Municipal elections
  • Official records of the City: minutes, ordinances, resolutions, documents, etc.
  • Official for Requests for Public Information
  • Payroll administration
  • Preparation of Annual Financial Report
  • Receiving and recording all deposits for the City
  • Special assessment administration
  • Tax Incremental Financing Districts (TIFD) financial administration
  • Treasury and banking
  • Voter registration forms