Finance

Coleman A. Young Municipal Center
2 Woodward Ave. Suite 1200
Detroit, MI 48226

General Number: (313) 224-2937
Fax: (313) 224-4466
TTY: 711 or (800) 649-3777

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

John Hill, Chief Financial Officer


John Naglick, Finance Director and Interim Treasurer
(313) 224-4153

Michael Jamison, Deputy Director

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, 2013 (.pdf 3.7 Mb)  

Ended June 30, 2012
(.pdf 7.3 Mb)

Ended June 30, 2006
(.pdf 9.0 Mb)

Ended June 30, 2011
(.pdf 4.1 Mb)

Ended June 30, 2005
(.pdf 1.7 Mb)

Ended June 30, 2010
(.pdf 4.0 Mb)

Ended June 30, 2004 (.pdf 1.5 Mb)

Ended June 30, 2009
(.pdf 2.4 Mb)

Ended June 30, 2003 (.pdf 1.9 Mb)
Ended June 30, 2008 (.pdf 2.3 Mb)
Ended June 30, 2002 (.pdf 6.6 Mb)

Ended June 30, 2007
(.pdf  3.5 Mb)
 

Single Audit Reports

2011-12 Single Audit Report

2010-11 Single Audit Report

2009-10 Single Audit Report

2008-09 Single Audit Report

2007-08 Single Audit Report

2006-07 Single Audit Report

2005-06 Single Audit Report