The Finance Department is comprised of the Finance Administration Services Division, the Accounting Division and the Purchasing Division. It is charged with the depositing of tax proceeds (property and sales taxes). These taxes are collected by the Calcasieu Parish Sheriff's Office (property taxes) and the Calcasieu Parish School Board (sales tax) per Joint Service Agreements. The collection of various license and permit fees, along with the collection of other monies due the city except as otherwise provided for by law. The department is also required to maintain the city's treasury and carry out centralized accounting, purchasing, disbursement and asset management functions. In addition, the city charter requires that the department prepare and administer the City's annual Operating and Capital Budget.
This division conducts a centralized accounting operation and manages the receipt and disbursement of City funds including Accounts Receivable, Accounts Payable, Occupational License, Payroll, Special Assessments, and Capital Projects. Contractual costs of annual auditing and tax collection services are also allocated to this division.