Overview

The Finance Department maintains and monitors the financial records of the City, and prepares the General Ledger for internal managerial use and for external reporting purposes.

Payments are made to City vendors each week, with approximately 5,600 checks written each year for all goods, services, utilities, and capital equipment purchased annually.  Almost 900 invoices are generated annually to bill for property clean ups, library cards, COBRA payments, intergovernmental services and various other services.

About 3,400 water and sewer customers are billed each month, with over 900 new customers each year applying for service, and over 3,300 requests per year for shut-off service, billing advice, or repair service.

Salary, health coverage, pension and/or other fringe benefit records are maintained for 180 full-time employees, 70 part-time employees, 180 retirees, and their spouses and beneficiaries.

The Finance area also is responsible for posting the investment activity in two "defined benefit" Pension systems, comprised of over 645,000 shares of stock representing 66 entities and over 35 million par of governmental and corporate bond investments.  Finance oversees the activity of the "defined contribution" 401(a) plan and the "deferred benefit" 457 plan administered by ICMA-RC.

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The City of Ferndale, Michigan
300 East Nine Mile Road
Ferndale, Michigan  48220
(248) 546-2525
City Hall Hours:
Monday - Thursday 8:00am - 5:30pm
Closed Fridays