About Financial Management
Financial Management Services provided by the Finance Department include:
The Finance Department is nationally recognized for its excellence in financial reporting. In this section, users can access the City's Comprehensive Annual Financial Report (CAFR), which includes discussion, analysis, operating results and statistical data on the City of Belmont, Belmont Redevelopment Agency, Belmont Fire Protection District and other entities.
The department also prepares the monthly financial results for the entity in an easy to understand format, as well as performance data on the City's investments.
Monthly Financial Reports (Current)
AB 1666 Community Facilities District Reports
The City of Belmont utilizes Community Facilities Districts (CFD), which are commonly referred to as Mello-Roos Districts, to finance local public facilities and services. Property owners in a Belmont CFD are taxed annually for their share of the debt service on any bonds that the CFD has issued and/or to pay for the cost of City services. Proceeds from the taxes are used to ensure that the community is properly maintained and public improvements are constructed.
Historical Monthly Financial Reports: