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City Administration staff members dedicated to finance are responsible for the administration and coordination of all financial services internal to the City of Pella including: 
  • Accounts payable / receivable 
  • Budget creation and analysis 
  • Capital asset management 
  • Capital improvement planning 
  • Economic development financing agreements
  • Investment management
  • Long-range financial planning 
  • Municipal bond issuance and debt management 
  • Payroll administration 
  • Revenue forecasting and monitoring

The City of Pella’s fiscal year begins July 1 and ends on June 30. The city prepares a budget according to Iowa Code 384.16. The preparation process begins in October, with the adoption of a final budget by the City Council in March. The city’s annual budget includes a five-year Capital Improvement Plan (CIP), which is critical to the city’s well-being. It provides an opportunity to allocate financial resources in the most efficient manner. The budget must be certified with the county auditor by March 15.

View the city's current FY 2019-2020 Budget.

Annual Audit
The City of Pella is required to be audited every year according to Iowa Code 11.6. The city prepares a requests for proposal (RFPs) for audit services to certified public accountants every 3-5 years. The Certified Public Accountant (CPA) awarded the contract is required to conduct the audit in accordance with U.S. generally accepted auditing standards and the standards applicable to financial audits contained in government auditing standards issued by the U.S. Comptroller General. The audit is required to be completed within nine months following the end of the fiscal year. View the city's most recent audit.