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Finance
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Accounts Division
Assessment Division
Debt Management Division
Income Tax Division
Pension Division
Personal Property Statement E-File
Performance Indicators
Purchasing Division
Project Administration Division
Property Tax
Risk Management Division
Treasury Division
Renaissance Zones
About Us
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Coleman A. Young Municipal Center
2 Woodward Ave. Suite 1200
Detroit, MI 48226
General Number: (313) 224-2937
Fax: (313) 224-4466
TTY: 311 or (313) 224-INFO (4636)
Hours of Operation: 8 a.m. - 5 p.m.
Mission Statement
The mission of the Finance Department is to sustain the City’s financial solvency, provide finance-based services to City Departments and facilitate growth in Detroit through the effective and efficient management of resources and processes that provide essential services, a safer environment and an improved business climate for a world-class city’s public and private sector customers.
The City of Detroit Finance Department manages the financial aspects of City government. All purchases, payments, payroll, pension administration, risk management, and debt management for the City of Detroit government are handled by the Finance Department.
The Finance Department is headed by an administrative unit that oversees eight divisions which are irreplaceable parts of a properly managed and operating municipal government.
Finance Department Divisions
- Administration
- Accounts
- Assessments
- Debt Management (including capital financing)
- Income Tax
- Pension
- Purchasing
- Risk Management (including worker's compensation)
- Treasury
Cheryl Johnson, Group Executive/Finance Director
(313) 224-6563
Richard A. Young, Chief Accounting Officer
(313) 224-3496
The Finance Department Administration Division is charged with managing the department. It sets priorities for the department and facilitates interaction with other City departments. The finance director, who is appointed by the mayor, heads the Administration Division. The Administration Division is also charged with assisting various economic development projects for governmental and quasi-governmental agencies.
| View the Comprehensive Annual Financial Report For the Fiscal Year (CAFR) | |
| Ended June 30, 2011(.pdf) |
Ended June 30, 2010 (.pdf ) |
| Ended June 30, 2009 (.pdf 2.4 Mb) |
Ended June 30, 2005 (.pdf 1.7 Mb) |
| Ended June 30, 2008 (.pdf 2.3 Mb) |
Ended June 30, 2004 (.pdf 1.5 Mb) |
| Ended June 30, 2007 (.pdf 3.5 Mb) | Ended June 30, 2003 (.pdf 1.9 Mb) |
| Ended June 30, 2006 (.pdf 9.0 Mb) | Ended June 30, 2002 (.pdf 6.6 Mb) |
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| Single Audit Reports |
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2005-06 Single Audit Report 2006-07 Single Audit Report 2007-08 Single Audit Report 2008-09 Single Audit Report 2009-10 Single Audit Report |
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