City of Belmont

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Finance Department
(650) 637-4717

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Monday - Friday
8 a.m. - 5 p.m.

Finance Directory

Financial Management

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Financial Management services provided by the City of Belmont include:

Financial planning, analysis, and reporting including the Annual Financial Report, State Controller's Report, and other agency reporting
Budget preparation, implementation, and monitoring
Financial data processing, including payroll, accounts payable, purchasing, fixed assets, cash receipts, and accounts receivable
Cost, project, and grant accounting
Operations support
Financial oversight (Controllership) activities, including management of system of internal control
Other financial services as necessary

Annual Comprehensive Financial Reports (ACFR)

Monthly Financials & Community Facilities District (CFD) Reports

Monthly Financials - Current Year

CFD Annual 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.

Per Government Code Sections 50075.3 (Report on Special Taxes) and 53411 (Report on Bonded Proceeds), the Annual Financial Reports for Community Facilities Districts are posted below.

CFD CDIAC Reports

California State Law Reporting Requirements - CDIAC Reports

Section 53359.5(b) of the California Government Code requires all agencies issuing Community Facilities District (CFD) bonds to report specific information to the California Debt and Investment Advisory Commission (CDIAC) each year. The applicable CDIAC Reports issued within the past five (5) years are provided below.

Belmont CFD No 2000-1 - CDIAC Reports