The Finance Division, part of the Administrative Services Department, provides financial services and fiscal management to all City departments, as well as outside agencies and individuals under the direction of the Finance Manager. Programs within Finance include:

  • Accounting & Administration
  • Accounts Payable & Receivable
  • Business Licenses
  • Management & Budget
  • Payroll
  • Purchasing

Comprehensive Annual Financial Report (CAFR) 

Finance is also responsible for coordinating the annual independent audit. The City prepares a Comprehensive Annual Financial Report (CAFR). Audited financial statements for the last four fiscal years:

Following ownership transfer to the City of the asset previously owned by the Novato Finance Authority, the financial statements have been combined with the City's audit beginning in FY 10/11.

Single Audit Report

In accordance with the requirements of the Single Audit Act of 1984, the City prepares a single or program-specific audit for any fiscal year during which the City expends $500,000 or more in Federal awards.   Single audits reports for the last three fiscal years:

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