The City of El Dorado Finance Department is responsible for many items, including the preparation of the Annual Operating Budget and the Annual Comprehensive Financial Report (ACFR). The City utilizes a modified accrual basis of accounting for governmental funds and an accrual basis of accounting for proprietary funds. The annual budget is prepared on a cash basis. We adhere to the Generally Accepted Accounting Principles (GAAP) and financial management practices as prescribed by the Governmental Accounting Standards Board (GASB) and Government Finance Officers Association (GFOA). In order to demonstrate compliance with these procedures and practices, the City applies annually for the Certificate of Achievement for Excellence in Financial Reporting and Budget Preparation Awards. More information regarding the Finance Department can be found in the Annual Operating Budget or Annual Comprehensive Financial Report (ACFR).
The City’s Finance Department is also primarily responsible for the Accounts Payable, Utility Billing and Customer Service divisions. The Accounts Payable division is responsible for the processing of all invoices for the City of El Dorado. Questions regarding accounts payable can be directed to the accounts payable email or 316-321-9100 ext. 110. The Utility Billing division is responsible for producing monthly utility bills for residential and commercial accounts as well as other miscellaneous billing. This division also processes all payments to the City of El Dorado. Questions regarding billing can be sent to the billing office email, or 316-321-9100 ext. 115. Questions regarding payments can be sent to the payment office email or 316-321-9100. Other information for the billing department can be viewed by clicking the link to the left for the City Utility Services.