Finance

finance tree logo

The Finance department's mission is to operate as a collaborative partnership empowering customers with timely, accurate, and transparent financial information.

Working closely with city departments, residents, and businesses, the Finance department upholds the City of Renton's commitment to fiscal responsibility, transparency, and excellent customer service. Through reliable financial operations and careful management of public funds, the Finance department helps Renton thrive as a strong, vibrant, and sustainable community.

 

Finance Divisions

Accounting Operations division

The Accounting Operations division oversees the city's core financial and administrative functions of accounts payable and receivable, payroll, cashiering, pet licensing, and utility billing services, providing reliable support to both city departments and the community. 

Financial Planning and Reporting division

The Financial Planning and Reporting division develops, monitors, and manages the city's annual budget, ensuring the efficient and effective use of public funds. The division also oversees the management of public funds by coordination of banking services and investments including monitoring cash flow. The division is also responsible for the annual financial reporting, coordinates internal and external audits, and conducts financial analysis and forecasting to support informed decision-making and maintain transparency. 

Tax and Licensing Division

The Tax and Licensing division administers all business licenses and taxes levied by the city, ensuring compliance with municipal tax codes and licensing requirements. Key responsibilities include issuing and renewing business licenses, collecting and recording city taxes, maintaining accurate financial and regulatory records, and assisting residents and business owners with tax obligations and licensing procedures. 

Utility Billing

The Utility Billing group manages customer service, and oversight of billing and collection of payments for water, sewer, surface water, and solid waste utilities, ensuring a central touch point for utility bill-related questions and concerns.