** PLEASE READ**
Due to concern for the health and well-being of the public and city employees in relation to COVID-19 (Coronavirus), City Hall will be closed from Tuesday, March 17, 2020 until further notice. As this is an ever-changing situation, please check the city website for possible updates. E-mails and phone messages will be checked periodically throughout this time.
Thank you for your patience and understanding.
The Finance Department has the fiduciary responsibility to the residents, officials, and city departments to ensure accuracy and timely reporting of financial results and prudent cash management while adhering to all provision of the Government Accounting Standards Board (GASB), Generally Accepted Accounting Principles (GAAP), city ordinances, federal and state laws.
The Finance Department consists of the following divisions and responsibilities:
Assessing – Ensures the valuation of residential and commercial property.
Tax and Revenue Collection – The collection of taxes, process motor vehicles registrations, cash receipts and timely deposits.
- Accounting – Functions of Cash Management, establish and maintain Internal Controls, competitive purchasing, Payroll, Accounts Payable and water/sewer & miscellaneous billing.
Purchasing – Administers the City’s purchasing procedures in accordance with the City of Portsmouth Purchasing Manual, which ensures the efficient means for procurement of materials, supplies and equipment.
Monday 8 AM – 6 PM
Tuesday – Thursday 8 AM – 4:30 PM
Friday 8 AM – 1 PM
Director of Finance and Administration
Deputy Finance Director
Payroll - City
Payroll - School
- The preparation of the Annual Budget
Annual audited Financial Statements and the preparation of the Comprehensive Annual Financial Report (CAFR)
The preparation of the 6-year Capital Improvement Plan
The preparation of the Popular Annual Financial Report (PAFR)
Tax Rate Setting
Bond Sale including the preparation of the Official Statements & Continuing Disclosure Annual Report.