Responsibilities
The Finance Department is responsible for a variety of tasks including:
- 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 $7.8 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