City Treasurers Department

The Department aims to provide an efficient, effective and economic service to Council and its associated organisations, i.e. Derry Investment Initiative, Derry Visitor and Convention Bureau and Local Strategy Partnership, in accordance with statutory requirements and approved professional standards. In this manner Council expenditure is properly monitored and controlled and gives value for money and accountability.

Services provided by the City Treasurer's Department

• Financial Services - Provision of financial services for Councillors, Employees and suppliers
• Treasury Management - Management of short-term and long-term cash flows for Council
• Financial Planning & Control - Management Accounting Function
• Information Technology Management - Management and support of IT systems for all departments
• Internal Audit - Audit and advisory function
• Insurance and Risk Management - Including claims handling and investigations

Standards to be expected

• An efficient and effective financial service for Council and staff in accordance with professional standards and statutory requirements.
• A steadfast management information system that facilitates the regular monitoring of Council expenditure, ensuring value for money for ratepayers
• Rates estimates prepared annually on the basis of Council Policy for each service, in order to fix the District Rate for the incoming year
• Statutory accounts prepared annually in accordance with SORP "Code of Practice on Local Authority Accounting in the United Kingdom 2000"

Contact

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