The primary goals of the Finance Department are to ensure that the City's financial assets are protected through the implementation of sound financial policies and procedures and to provide users with meaningful financial data. The Finance Department serves as the primary advisor to the Mayor and City Council about financial issues.
Services Provided by The Finance Department
The Finance Department provides centralized financial services for all city departments and has responsibility for applying professional accounting practices to maintain the City's financial records. The department is responsible for items such as:
- Providing technical and clerical support for the budget process
- Internal financial reporting
- External financial reporting, including the preparation of the Comprehensive Annual Financial Report
- Coordination of the annual financial statement audit
- Review and monitoring of all invoices paid by the City
- General oversight for revenue collection and billing processes
- Grant monitoring support
- Treasury management
- Debt issuance and administration
- Development and implementation of financial policies and procedures
Comprehensive Annual Financial Report
The fiscal year ended 6/30/2007 is the fourth consecutive year that the City's comprehensive annual financial report (CAFR) has received the Government Finance Officers Association Award for Excellence in Financial Reporting. Please click on the links below to view the Comprehensive Annual Financial Reports for the years listed.
Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2009 (pdf file)
Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2008 (pdf file)
Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2007 (pdf file)
Budget Information
The City of Waterloo budget presentations for the years listed may be viewed by clicking on the links below
Fiscal Year Ending June 30, 2010 City of Waterloo Budget Presentation (pdf file)
Fiscal Year Ended June 30, 2009 City of Waterloo Budget Presentation (pdf file)
Fiscal Year Ended June 30, 2008 City of Waterloo Budget Presentation (pdf file)
The City of Waterloo currently maintains an A1 rating on its outstanding general obligation and revenue bonds, as rated by Moody's Investor Services, Inc.
Contact Information
City Hall
715 Mulberry Street
Waterloo, Iowa 50703
Phone: (319) 291-4323
Fax: (319) 291-4571
Office Hours: Monday-Friday, 8:00am-5:00pm
Michelle Weidner-CPA, Chief Financial Officer
Phone: (319) 291-4323
Email: michelle.weidner@waterloo-ia.org
Joyce Schroeder, Financial Analyst - Accounts Payable Pre-audit, Contracts, Budget, General Ledger, Grants
Phone: (319) 291-4323
Email: joyce.schroeder@waterloo-ia.org
Ruth Hecht, Financial Analyst - Banking, Revenue Accounting
Phone: (319) 291-4323
Email: ruth.hecht@waterloo-ia.org
Emily Graham, Financial Analyst - Accounts Payable Pre-audit, Accounts Receivable
Phone: (319) 291-4323
Email: emily.graham@waterloo-ia.org
