Finance Administration plans and directs the City’s financial activities. The Department oversees accounting, purchasing, tax collection, billing, financial reporting, debt, and investment management. Finance directs the City’s budgeting process, monitors the long-term financial plan, and prepares related policy recommendations. Additionally, the Department plans City debt issuance, and monitors the City’s utility rates to ensure financial stability of these systems. Finance is also liaison to several boards including the General Government and Finance (GGAF) Advisory Board, the Georgetown Economic Development Corporation (GEDCO), and the Georgetown Transportation Enhancement Corporation (GTEC).