Rockland County Finance Department

The Rockland County Department of Finance is responsible for managing the fiscal affairs of Rockland County government. Its primary goal is to ensure the sound financial health of the county by adhering to legal requirements and best practices in financial management.

Key Responsibilities

The department’s multifaceted responsibilities include:

• Budgeting and Financial Planning: Developing and implementing the county’s annual budget, a crucial process that involves forecasting revenues, allocating resources to various departments, and ensuring fiscal stability. They also engage in long-term financial planning to anticipate future needs and challenges.
• Accounting and Financial Reporting: Maintaining accurate and up-to-date accounting records, preparing financial statements in accordance with Generally Accepted Accounting Principles (GAAP), and providing financial reports to various stakeholders, including the County Executive, the County Legislature, and the public.
• Accounts Payable and Receivable: Processing payments to vendors and collecting revenues owed to the county. This includes managing invoices, contracts, and other financial transactions.
• Payroll Administration: Managing payroll for all county employees, ensuring accurate and timely payment of wages, salaries, and benefits. This includes compliance with tax regulations and other legal requirements.
• Debt Management: Managing the county’s debt portfolio, including issuing bonds and other debt instruments to finance capital projects and infrastructure improvements. They are responsible for ensuring that the county’s debt is managed responsibly and sustainably.
• Risk Management: Identifying and mitigating financial risks facing the county, including property damage, liability claims, and other potential losses. This involves developing and implementing risk management policies and procedures.
• Purchasing and Procurement: Overseeing the county’s purchasing and procurement processes, ensuring that goods and services are acquired in a fair, competitive, and cost-effective manner.

Impact on Residents

The Finance Department’s work has a direct impact on the quality of life for Rockland County residents. By managing the county’s finances effectively, the department helps to ensure that essential services, such as public safety, education, infrastructure, and social services, are adequately funded. Sound financial management also helps to keep property taxes down and to ensure that the county remains a desirable place to live and work.

Transparency and Accountability

The Rockland County Department of Finance is committed to transparency and accountability in all of its operations. The department provides public access to financial information, including budgets, financial statements, and other relevant documents. They are accountable to the County Executive, the County Legislature, and the taxpayers of Rockland County.

Contact Information

For more information about the Rockland County Department of Finance, including contact details and resources, please visit the official Rockland County government website.