Our goal in Finance is to provide support services to better serve the City of Maywood. The Finance Division’s primary responsibilities are to safeguard the City's assets and assure financial compliance. This includes preparing budget reports, administering financial accounting of grants and contracts, accounts payable and maintaining the City’s general accounting system. The City's Annual Budget is produced by the Finance Division and presents the City's financial plan for the ensuing fiscal year, itemizing projected revenues and estimated expenditures for the various funds. It communicates and facilitates an understanding of the operations and costs of providing various City services to our residents.

The Finance Division is comprised of Accounts Payable, Accounts Receivable, Cashiering, Business Licenses, General Ledger Activity and Financial Reporting.

2024 City Budget Preparation

The City Council will be reviewing and planning for the 2024 Fiscal Year in May and June 2023. The first study session meeting was held on Friday, May 12, 2023. On Wednesday, May 24, 2023 the City Council will receive a budget report from staff. Following these two review sessions a public hearing will be held on Wednesday, June 28, 2023.   The meetings can be attended in person and will be held in our Council Chambers.

Access the study session presentation or staff report for the Friday, May 12, 2023 meeting please are available.