The Finance Department plans, directs, and coordinates the fiscal affairs of the City in accordance with specific objectives established by legal and professional standards. It provides for the maintenance of the City’s financial records, develops related systems, and provides management with information necessary for sound fiscal decisions. This includes appropriation control, cost and revenue accounting, accounts receivable, payroll, accounts payable, and business licensing. The Finance Department is also responsible for investing and safeguarding the City’s cash in accordance with City Council investment policies.
The City Treasurer provides investment management of all City funds, including pooled funds, bond reserve investments and trust funds. Investments are consistently reviewed for compliance with the City’s approved Investment Policy.
The City of Villa Park Investment Policy
This policy is intended to provide guidelines for the prudent investment of the City’s cash balances, and outline the policies to assist maximizing the efficiency of the City’s cash management system while meeting the daily cash flow demands of the City.
The investment practices and policies of the City of Villa Park are based upon state law and prudent money management. The primary goals of these practices are:
17855 Santiago Boulevard
Villa Park, California 92861
Phone: (714) 998 – 1500
Fax: (714) 998 – 1508
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