The Poquoson Finance Department provides financial services for all City operations. Duties include general accounting, payroll, accounts payable, purchasing, sewer and solid waste utility billing, computer support services, risk management program, and administers employee benefit programs. Through the preparation of the City's Comprehensive Annual Financial Report and the Annual Financial Plan, the department develops, monitors, and reports the financial activities of the City. The Department is also the audit liaison for the City's annual financial audit.

General Fund
The City’s major operating fund is the General Fund. All revenues that relate to the general operation of the City and most of our general municipal services are recorded in the General Fund. The General Fund includes services such as police, fire, planning, engineering, street and park maintenance, coordination of recreation programs, public library, welfare, and overall City administration.

Governmental Funds
The City operates other governmental funds such as Solid Waste, Sewer, Fleet, Capital Projects, and Debt Service Funds. A detailed explanation of all General Fund governmental revenues and expenditures is contained in the Comprehensive Annual Financial Report, which is available for public review in the City Library and on the website.

Certificate of Achievement for Excellence in Financial Reporting
The Government Finance Officers Association of United States and Canada awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Poquoson for its comprehensive annual financial report for the Fiscal Year Ended June 30, 2013. In order to be awarded a Certificate of Achievement, a governmental unit must publish an easily readable and efficiently organized comprehensive financial report, the contents of which conform to program standards. Such reports must satisfy both generally accepted accounting principals and applicable legal requirements.