Finance

Responsibilities

The Finance Department is responsible for a variety of tasks including:

  • Utility Billing

  • Accounts Payable and Accounts Receivable
  • Accounting functions for all City funds
  • Assessment searches
  • Collection of bills
  • Employee benefits administration
  • Maintenance of insurance policies
  • Maintenance of investment records
  • Monthly financial reporting
  • Payroll

The Director of Finance also serves as the City Treasurer.

 City Funds

The City of Saint Peter operates on a $7.7 million general fund, $0.5 million library fund and $0.5 million community center fund. We operate the following six enterprise funds with their corresponding budget amount:

  • Electric Utility - $12 Million
  • Wastewater Utility - $3.7 Million
  • Water Utility - $3.4 Million
  • Environmental Services - $0.9 Million
  • Stormwater Utility - $0.8 Million
  • Telecommunication Conduit - $0.1 Million