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Tho Kraus (253) 983-7706 • Fax (253) 589-3774 • TKraus@cityoflakewood.us
Assistant City Manager of Administrative Services, Chief Financial Officer

Finance

The purpose of the Finance Division is to provide accurate financial information from which educated judgments can be made on the financial health of the City and decisions can be made by management regarding City operations. The Finance Divisions’s responsibilities include accounts payable, accounts receivable, payroll, general accounting, financial planning, cash and investment management, cash receipting, internal control monitoring, audit, monthly, quarterly and annual financial reporting, budget preparation and financial analyses.

Our goals and objectives:

  • Provide timely, accurate, user-friendly and transparent financial information and services
  • Ensure compliance with purchasing laws and regulations
  • Ensure proper internal control in city operations to safeguard city resources
  • Maintain reliability and integrity of City’s financial data and processes.
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