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LATEST NEWS

Finance Department

Mission Statement

The mission of the Finance Department is to provide for proper disbursement of financial resources, to provide for sound investment of fiscal resources and to maximize the collection of revenues that are authorized under State statutes and City codes for the benefit of the residents of Tullahoma. The department is responsible for all of the financial record keeping of the City and prepares the annual operating budget and the yearly financial statements.

The Finance Department is also responsible for purchasing, payroll, risk management, accounts payable, grants and business loans, budgeting and cost analysis, fixed assets, financial compliance with various local, state and federal agencies, we support other City departments in accounting, grants administration and general business functions, investments of City funds, and the issuance of debt and debt service administration for the City of Tullahoma, Tullahoma City Schools, Tullahoma Airport Authority and Tullahoma Utility Board. The Finance Department also provides all accounting services for the Tullahoma Industrial Board and Tullahoma Airport Authority.

financeFinance staff receives GFOA national awards for Distinguished Budget Presentation and the Certificate of Achievement for Excellence in Financial Reporting. L to R: Ashley Gunn, Donna Graham, Sue Wilson, Frances Samples, Tammy Brown.