City Controller
* Mike Jones - Controller
* Terry Schmitt - Deputy Controller
* Paula King - Accounts Payable
The City Controller's Office is responsible for all financial aspects of the City of Lafayette. These responsibilities include: cash management; budgeting and financial management; debt management; accounting, auditing and financial reporting. Some of the specific duties performed by the Office are collection of revenue, investing cash resources, processing vendor payments for all purchases made by the City, preparing and administering the budget, processing the City's payroll and, issuing various miscellaneous permits and licenses.
The Controller is appointed by the Mayor. The Controller is an active member of the Government Finance Officers Association, the Indiana Controllers Association, and the Association of Government Accountants. The Controller is charged with ensuring compliance with the Accounting and Uniform Compliance Guidelines Manual for Cities and Towns issued by the State Board of Accounts, as well as, Generally Accepted Accounting Principles and Governmental Accounting Standards.
The Controller's Office is staffed by the Controller, Deputy Controller, Accounting Manager, Payroll Coordinator, and Bookkeeper. Other Departments reporting to the City Controller are the Purchasing Department and the Water / Wastewater Business Office.
As a Class 2 City in Indiana, the City of Lafayette is audited each year by the Indiana State Board of Accounts. At the conclusion of each audit, the Field Examiners assigned to the City complete a report which is filed with the State Examiner. Copies are available in the Controller's Office, or online.
Indiana Code relative to the City Controller:
IC 5-13-6-1(d) requires that all public funds must be deposited not later than the business day following receipt of funds in one or more of the municipality's depositories.
IC 5-13-6-1(e) requires all local investment officers to reconcile at least monthly the balance of public funds, as disclosed by the records of the local officers, with the balance statements provided by the respective depositories.
IC 5-13-5-2 requires all disbursements of public funds shall be made only upon checks (warrants) drawn upon depositories which shall be signed by the public officers authorized to sign in their official capacity. No other individual or group has authority to sign in place of the fiscal officer.
* Terry Schmitt - Deputy Controller
* Paula King - Accounts Payable
The City Controller's Office is responsible for all financial aspects of the City of Lafayette. These responsibilities include: cash management; budgeting and financial management; debt management; accounting, auditing and financial reporting. Some of the specific duties performed by the Office are collection of revenue, investing cash resources, processing vendor payments for all purchases made by the City, preparing and administering the budget, processing the City's payroll and, issuing various miscellaneous permits and licenses.
The Controller is appointed by the Mayor. The Controller is an active member of the Government Finance Officers Association, the Indiana Controllers Association, and the Association of Government Accountants. The Controller is charged with ensuring compliance with the Accounting and Uniform Compliance Guidelines Manual for Cities and Towns issued by the State Board of Accounts, as well as, Generally Accepted Accounting Principles and Governmental Accounting Standards.
The Controller's Office is staffed by the Controller, Deputy Controller, Accounting Manager, Payroll Coordinator, and Bookkeeper. Other Departments reporting to the City Controller are the Purchasing Department and the Water / Wastewater Business Office.
As a Class 2 City in Indiana, the City of Lafayette is audited each year by the Indiana State Board of Accounts. At the conclusion of each audit, the Field Examiners assigned to the City complete a report which is filed with the State Examiner. Copies are available in the Controller's Office, or online.
Indiana Code relative to the City Controller:
IC 5-13-6-1(d) requires that all public funds must be deposited not later than the business day following receipt of funds in one or more of the municipality's depositories.
IC 5-13-6-1(e) requires all local investment officers to reconcile at least monthly the balance of public funds, as disclosed by the records of the local officers, with the balance statements provided by the respective depositories.
IC 5-13-5-2 requires all disbursements of public funds shall be made only upon checks (warrants) drawn upon depositories which shall be signed by the public officers authorized to sign in their official capacity. No other individual or group has authority to sign in place of the fiscal officer.