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Finance Department, Director's Office
226 West Fourth Street
Davenport, IA52801

The Finance Department is composed of five major divisions.


Finance Administration

The Finance Director's Office is responsible for the administration of the Department. The division also supervises and coordinates the preparation of the annual operating budget, provides debt administration, and is responsible for providing financial and resource utilization information to City Administration, the Mayor and the City Council.


The Revenue Division is responsible for the billing and collection of City revenues in a timely, effective manner. The division maintains 40,000 sewer/recycling/clean water customers and processes 60,000 parking violations and 3,300 business licenses annually. In addition, the Revenue Division manages the City's investment portfolio working with seven local banks and three brokerage firms to invest monies with minimal risk to the City while maximizing investment return.


The Accounting Division is for preparation of the City's Comprehensive Annual Financial Report, monthly accounting reporting and reconciliations, and monitoring and reporting required by various grant programs. The division also processes and documents all accounts payable and payroll activity, including the related tax reporting.


The Purchasing Division is the central purchasing office for all City departments. The division competitively purchases the equipment, supplies and services required by City departments for their operations. 

Risk Management

The Risk Management Division is responsible for coordination of the City's liability, property and workers' compensation insurance, loss control and claims programs.