Finance Department

Mission Statement

Responsibilities

For a short video introduction and overview of the Department, please click here.

The Finance Department has the fiduciary responsibility to the residents, officials, and city departments to ensure accuracy and timely reporting of financial results and prudent cash management while adhering to all provision of the Government Accounting Standards Board (GASB), Generally Accepted Accounting Principles (GAAP), city ordinances, federal and state laws.

The Finance Department consists of the following divisions and responsibilities:

  • Assessing – Ensures the valuation of residential and commercial property.

  • Tax and Revenue Collection – The collection of taxes, process motor vehicles registrations, cash receipts and timely deposits.

  •  Accounting – Functions of Cash Management, establish and maintain Internal Controls, competitive purchasing, Payroll, Accounts Payable and water/sewer & miscellaneous billing.
  • Purchasing – Administers the City’s purchasing procedures in accordance with the City of Portsmouth Purchasing Manual, which ensures the efficient means for procurement of materials, supplies and equipment.                                   

Office Hours

Monday 8 AM – 6 PM

Tuesday – Thursday 8 AM – 4:30 PM

Friday 8 AM – 1 PM

 

 

Contact

Nathan D. Lunney
Deputy City Manager - Finance and Administration
(603) 610-7223

Andrew Purgiel
Deputy Finance Director
(603) 610-7221

Purchasing Department
(603) 610-7227

Accounts Payable
(603) 610-7839

Payroll - City
(603) 610-7224

Payroll - School
(603) 610-7236

 

Additional Responsibilities

Content
  • The preparation of the Annual Budget
  • Annual audited Financial Statements and the preparation of the Comprehensive Annual Financial Report (CAFR)

  • The preparation of the 6-year Capital Improvement Plan

  • The preparation of the Popular Annual Financial Report (PAFR)

  • Tax Rate Setting

  • Bond Sale including the preparation of the Official Statements & Continuing Disclosure Annual Report.