The Controller's Office ensures the integrity of the City's accounting and payroll systems, and provides financial, management, and accounting services support. The department consists of the following divisions: Accounts Payable, Cash and Debt, Deferred Compensation, Financial Reporting, and Payroll.
The Accounts Payable Division is responsible for entering, approving and paying invoices for the purchase of goods and services used in the operations of the City. The division also maintains the accounts payable records and systems to provide reports to assist management.
The Cash and Debt Division is responsible for administering the City’s banking relationships, managing daily liquidity, and investing surplus cash under the guidelines of the State of Texas Public Funds Investment Act and the City’s Investment Policy. In addition, the Division is responsible for managing the debt under the City’s Capital Improvement Plan.
The Deferred Compensation Division is responsible for overseeing the mandatory 457PST Plan as well as the voluntary 401(k) and 457 Plans while offering education and counseling services to enable employees throughout the City to better prepare themselves for retirement.
The Financial Reporting Division is responsible for the preparation of the City's
Comprehensive Annual Financial Report (CAFR) and the annual financial statements
for the Water Utilities, Aviation, Economic Development Tax Increment Finance
funds and Local Government Corporations. Financial Reporting also includes
Reconciliation and Cost Accounting / Fixed Assets which are responsible for
ensuring the accuracy of the City's cash balance and fixed asset system.
The Payroll Division is responsible for managing the payroll function for all City of Dallas employees. The Payroll Division processes employees' pay, monitors time entries, files payroll tax forms, and remits benefit payments.