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Finance
Services
The Department of Finance provides exemplary financial services through cooperative interaction with our customers, clients and coworkers within a framework of shared values.

Director's Office
The office provides management services to the City Manager and City Council and provides administrative support to the Department of Finance.

City Controller Bureau
The bureau maintains the city’s accounting and financial records and provides financial services for the effective and efficient administration of government.

Debt Management
This service monitors the city’s public debt to ensure that all master indenture and continuing disclosure requirements are met. Issues general obligation and revenue bonds and secures other financing as needed to fund city projects. 
  • Administration of the City’s Debt Program
  • Debt Service Payments
  • Annual Debt Service Budget
  • Arbitrage Compliance
  • Bond Rating
  • Debt Projections
  • Debt-related Reporting

Cash & Investment Management
The Cash and Investment Management Division is responsible for the City’s financial portfolio and executes all investment and cash management functions. The monies invested by this Division earn interest to help fund City services. The division manages investment vehicles that optimize the City’s’ financial portfolio while maximizing investment earnings within levels of prudence established by Virginia statute and best practice guidelines. Operations include:
  • Daily cash management
  • Investment of funds as efficiently as possible through accurate revenue forecasts and optimal investments garnered by analysis of current market trends and prudent diversification aimed at preservation of capital
  • Adherence to federal and state investment requirements
  • Management of the City’s cash flow, reporting, reconciliation and accounting for actively managed funds
  • Development and management of relationships with banking service providers, money managers, brokers and consultants, as appropriate

Risk & Claims Management
This services is used to protect the city’s assets by determining the city’s exposure and validity and liability of claims received and coordinate policies and insurance risk financing and processes worker’s compensation, automobile, and general liability claims.

Retirement Bureau
The bureau maintains information necessary to administer benefit payments to members and performs accounting and payroll tasks according to Federal and State Regulations pertaining to qualified pension funds. The bureau also provides retirement and death benefits to the system membership in accordance with Chapter 37 of the Norfolk City Code.

Technical / Support 
Technical support is provided to city departments and agencies in managing and maintaining automated financial information systems. 

Financial Accounting & Reporting
This service processes, reviews, and approves financial transactions, prepares internal and external financial reporting including the Comprehensive Annual Financial Report (CAFR), and Popular Annual Financial Report (PAFR), disseminates financial information to city departments and Norfolk Public Schools and other users, and leads and participates in financial system implementation and enhancements. 

Accounts Payable
The Accounts Payable Division of Finance is responsible for the timely disbursement of checks to the City’s internal and external customers.   These customers include City employees, vendors, and the citizens of Norfolk and the surrounding cities.

Accounts Receivable (Collections)
The Accounts Receivable (Collections) Division is responsible for collection of delinquent accounts receivable for fire-rescue services, false alarms, red light camera fines, fire permit and inspections, Library lost items and overdue fines, nuisance abatement, and miscellaneous past due debt owed to the city. The goal is to collect what is due to the City with empathy and respect, while maintaining and excellent and professional rapport with the Citizens of Norfolk.

Payroll
The payroll Division ensures all salaries, wages, and retirement system benefit payments are made in a timely and accurate manner. The Payroll Division also ensures compliance with city, state, and federal regulations related to payroll processing.

Purchasing
The Office of the Purchasing Agent is comprised of the Purchasing Division and is led by the Chief Procurement Officer. It is responsible for the procurement of goods and services for all city departments, maintains an inventory of materials to support certain city operations, and is also charged with the responsibility to dispose of all city owned property that is declared surplus.

Contact Us
Christine Garczynski
Christine Garczynski

Director
Email

810 Union St.
Norfolk, VA 23510

Ph: 757-664-4346
Fx: 757-664-4110

Hours
Monday - Friday
8 a.m. - 5 p.m.

Staff Directory