Financial Services

The Financial Services Department is responsible for maintaining the integrity, validity, and authenticity of the financial functions within the City. The internal support services provided includes accounting, cash management, comprehensive financial reporting and recordkeeping, and accounts payable and payroll services to all City Departments and Offices.

 Finance is  also responsible for financial forecasting, issuing municipal bonds, general accounting, grants monitoring, preparation of financial reports, overseeing Hollywood's annual financial audit, managing and investing public funds, and revenue and expenditure analysis. Financial Services maintains the well-being and long-term financial stability of the City.

Fee Schedule of Services
      
 Three divisions comprise the Financial Services: 

  • Finance Administration
  • Treasury Services
  • General Accounting
  • Payroll
  • IRMA Certificate

Treasury Services Division

Treasury handles many of the department’s direct services to the public, including customer payment processing, emergency alarm registration, lien searches and local business tax receipts. Treasury also oversees debt administration, revenue auditing, and receivables. The Treasury Division is under the direction of the City Treasurer who can be reached at 954.921.3232.

General Accounting Division

General Accounting establishes appropriate accounting codes, uses various accounting systems to collect, record, and summarize all accounting data used in preparing accurate financial statements and internal managerial reports in accordance with Generally Accepted Accounting Principles (GAAP) and the Governmental Accounting Standards Board (GASB). General Accounting also supervises the City’s annual external audit and issues the City’s audited Annual Comprehensive  Financial Report (ACFR).

For 45 consecutive years, Finance has received the Government Finance Officers Association’s Certificate of Achievement for Excellence in Financial Reporting.

The General Accounting Division also handles all aspects of vendor accounts payable matters, and processes weekly vendor payments.

For Accounts Payable inquiries for vendors, please call 954.921.3228.

Payroll Division

City of Hollywood Payroll Department is responsible for processing the City’s payroll, W-2s, pension deductions, 457/401 deductions, garnishments, direct deposit, Wisely Pay Card programs as well as certain non-wage payments including bonuses, education incentives, allowances, moving reimbursement, and others.

City of Hollywood Payroll Department maintains the City’s payroll systems and utilizes state-of-the-art software to process each payroll. In addition, Payroll is responsible for assisting and managing compliance with various Federal and State laws, rules, and regulations and providing support for City of Hollywood staff navigating the payroll process. The Payroll Department strives to increase the efficiency and accuracy of the City’s time and payroll reporting system. This work includes the integration of the Oracle Cloud and Kronos TeleStaff system, Oracle Time and Labor (OTL), and Kronos Time and Labor.

For Payroll Related Inquiries: payroll_support@hollywoodfl.org
Phone: 954 921-3238

Independent Registered Municipal Advisor Certificate

The City of Hollywood, Florida (the "City) has retained an independent registered municipal advisor. The City of Hollywood, Florida is represented by and will rely on its municipal advisor, Hilltop Securities Inc. to provide advice on proposals from financial services firms concerning the issuance of municipal securities and municipal financial products (including investments of bond proceeds and escrow investments). The individuals with primary responsibility for advising the City in such matters are Mark P. Galvin and Joel Tindal. This certificate may be relied upon until withdrawn by the City.