The Finance Department has overall responsibility for the disbursements, investments and financial reporting of city funds. This includes: issuing all payments for the city to employees, retirees and vendors; providing timely financial information and analysis to city staff; assuring compliance with governmental accounting requirements, providing accountability for city assets; managing the city's investment portfolios and cash management activities; and coordinating the annual audit with the independent auditor; and administering the city's pension, deferred compensation, public liability, commercial insurance and risk management activities.