The Financial Management Division provides financial and operational support to the Mayor and City Council and City departments. Services provided include accounting, budgeting, long-range financial planning, cash management, purchasing, audit coordination and collection. It also provides management support through analysis and reporting on the City's fiscal transactions and monitors the City's compliance to policies, regulations, procedures and state statutes. The division is also responsible for publishing the City's Budget and Consolidated Annual Financial Report (CAFR).
The City of Boise's fiscal year is October 1 - September 30. The Annual Budget begins on October 1. Under Idaho State Code, the City must adopt each fiscal year's budget.
The City also prepares a Consolidated Annual Financial Report (CAFR) and Popular Annual Financial Report (PAFR). Under Idaho State Code, the City has an independent audit conducted at the close of each fiscal year.