Finance Chief Fiscal Officer Finance Controller Property Appraisal Public

AI Summary

This document outlines the Finance Department's 2023 Proposed General Government Operating Budget for the Municipality of Anchorage, describing the department's mission and five operational divisions: Chief Fiscal Officer, Finance Controller, Property Appraisal, Public Finance & Investments, and Treasury. The Controller Division manages municipal accounting, fund accounting, grant accounting, capital project accounting, and compilation of the Annual Comprehensive Financial Report. The Property Appraisal Division provides valuation of all taxable real and personal property and administers property tax exemptions. The Public Finance and Investments Division issues and manages municipal bonds, investments, and cash, while the Treasury Division handles billing, collecting, and auditing major municipal revenue sources. Department goals align with the Mayor's priorities of economic recovery and exemplary municipal operations, with specific objectives including timely annual property assessments, enhanced public and business services through increased e-commerce utilization, and fair annual financial reporting without material misstatement.