Finance and Accounting

Finance and Accounting provides accurate and timely financial reports and analysis to the Mayor, City Council, City Departments, and the public and maintains accounting records in accordance with Generally Accepted Accounting Principles for municipal governments. This department is also responsible for preparing and monitoring the City's Annual budget and preparing the annual update to the City's Capital Improvement Plan and ensuring that funds are expended as appropriated by the City Council. The division also provides a system for processing deposits, payments for City obligations, and payroll in an accurate and timely manner. Objectives include providing accurate monthly financial statements and operating reports; paying City obligations to maintain a good credit rating and cash availability; processing payroll checks; maintaining accurate records for wages and withholdings; reporting payroll information to other governments; and overseeing the annual audit.

Denise Land Director of Finance & Administration (479) 271-3118 dland@bentonvillear.com

Purchasing

Purchasing is responsible for assisting in the purchasing of supplies and acquiring construction and miscellaneous services for all City Departments in accordance with State statutes, City ordinances, and proper purchasing procedures, as well as disposing of surplus City property. This division seeks to provide economic and timely purchases of goods and services for all City departments through requests for proposals, bids, and quotes. This division manages the City's insurance programs. Management of the insurance program includes the evaluation of insurance needs, soliciting insurance bids, purchase of insurance policies, and coordination of all losses.