The Finance Department manages the financial operation of the City of Festus. Across all budgets and funds, the city allocates approximately $20 million a budget year and the finance department is responsible for accounting for those funds in a manner consistent with generally accepted accounting principles (GAAP).
The City Finance Director is under the direction of the City Administrator and is responsible for daily management of all financial services including:
Investing city funds
Preparing financial statements for City Council and public record
The Finance Department processes payment of invoices and issues payments for all departments, accounts for all revenue received by the city and processes payroll and issues checks for the city's 100 full-time employees.