The Finance Department is responsible for a wide variety of financial, personnel, and administrative functions of the City of Town and Country.
The finance department provides fiscal support, oversight and control to the Mayor, Council and city departments to ensure proper fiscal management, budgeting, and accounting and maintains financial, auditing and record keeping standards to ensure sound fiduciary practices.
Key services include:
Budget Development and Monitoring
Cash Management and Investment
Payroll and Personnel Services
Financial Awards & Recognition
The city holds a 'AAA' credit rating from Standard & Poor's, a rating which the City of Town and Country has held since 2001. This is the highest rating possible and a rating never before achieved by a city in the State of Missouri. Furthermore, the City of Town and Country has been included in Standard and Poor's U.S. Public Finance Report entitled AAA-Rated Credits in U.S. State and Local Government Finance dated October 2006.
There are only 70 municipalities in the United States that carry the Standard & Poor's 'AAA' rating, and Town and Country is the only municipality in the State of Missouri.
The City has been recognized for its comprehensive financial reporting by being awarded the Certificate of Achievement for Excellence in Financial Reporting (CAFR) from the Government Finance Officers Association of the United States and Canada. This is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.