FINACNE HEADER-01

Responsibilities


The Finance Department is the administrative arm of the City's financial operation. The department is responsible for maintaining a governmental accounting system that presents accurately, and with full disclosure, the financial operations of the funds, and account groups of the city in conformity with generally accepted accounting principles. Combined with budgetary data and controls, presented information enables the general citizenry to ascertain whether public funds are expended efficiently, prioritized, and allocated in a manner which is responsive to prevailing community goods and values. The Director of Finance is responsible for areas including:
  • Accounting
  • Accounts Payable & Purchasing
  • External and Internal Audits
  • Budget
  • Debt & Disclosure
  • Fiscal Management
  • Cash & Investment Management
  • Payroll
  • Utility Billing

  1. Gloria Platt, CGFO

    Finance Director
    Phone: (972) 617-3638

  2. Sidney Smith, CGFO

    Assistant Finance Director
    Phone: 469-218-1226

  3. Physical Address
    200 Lakeview Pkwy
    Red Oak, TX 75154

    Mailing Address
    P.O. Box 393
    Red Oak, TX 75154

Awards

Government Finance Officers Association - Certificate of Achievement for Excellence in Financial Reporting Award

TGFO_20170215-163645_1he GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program (COA) in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal. The goal of the program is not to assess the financial health of participating governments, but rather to ensure that users of their financial statements have the information they need to do so themselves.

The City has received this award since 2015 and will continue to participate in this program upon completion of the Comprehensive Annual Financial Report.


Government Finance Officers Association – Distinguished Budget Presentation Award

1402593540_03474_oGFOA established the Distinguished Budget Presentation Awards Program (Budget Awards Program) in 1984 to encourage and assist state and local governments to prepare budget documents of the very highest quality that reflect both the guidelines established by the National Advisory Council on State and Local Budgeting and the GFOA's best practices on budgeting and then to recognize individual governments that succeed in achieving that goal. Over 1600 governments, including states, cities, counties, special districts, school districts, and more have been recognized for transparency in budgeting. To earn recognition, budget documents must meet program criteria and excel as a policy document, financial plan, operations guide, and communication tool.

The City has received this award since 2012 and will continue to participate in this program upon completion of the Fiscal Year Budget Document.