Finance

James Bonamy, Finance Director
616.847.4893

The Finance Director supervises three divisions. The Accounting Division ensures that budgetary and financial requirements are met and reported accurately; auditing and accounting standards are met or exceeded; the City’s annual audit is properly managed and reported; payments of invoices are made timely and appropriately; billings for water, sewer, and other customers are issued and collected timely; and grants and loans to the City are appropriately utilized and reported. The Accounting Supervisor coordinates the annual audit reporting for all City of Grand Haven funds, the Harbor Transit Multi-Modal Transportation System, the Grand Haven-Spring Lake Sewer Authority and the Northwest Ottawa Water Treatment Plant. The Accounting Division also manages the Ottawa County Central Dispatch Authority accounting records and audit process and provides accounting and finance staff to Spring Lake Township. The Finance Director serves on the Building Authority Board, Economic Development Corporation, and Brownfield Redevelopment Authority Board.

The Treasury Division handles tax billing and receipting, special assessments, collections,  cash receipting for all funds including banking, and other financial services at the customer counter at City Hall. The City Treasurer manages the investment of surplus funds for the City and all related organizations to preserve principal and receive investment income where possible.

The Assessing Division values property within the City on a mass appraisal basis for taxation purposes and provides documentation to the public, as needed. The Finance Director oversees the contract for assessing services with the Ottawa County Equalization Department. Equalization Director Michael R. Galligan acts as the City Assessor for signatory purposes and under all Charter and legal requirements and has assigned Joshua Morgan to be the local contact.

The Finance Department’s main objectives are to continue to provide “clean” unqualified audits through proper accounting and reporting in City fiscal operations and to assure prompt invoicing and payment for chargeable City services. Further objectives include comprehensive budgeting, auditing and accounting spreadsheets and forecasts, timely cash management and reporting. Meeting new reporting requirements from the Governmental Accounting Standards Board, the Federal Government,  the State of Michigan and other cognizant agencies are among the highest priorities of the Finance Department.

 

Yearly Budgets

Budget 2017-2018

Budget 2016-2017

Budget 2015-2016

Budget 2014-2015 (Part 1Part 2Part 3)

Budget 2013-2014

 

Financial Reports

Disclaimer: The information presented here is most probably accurate, however, the printed reports are the final authority. Please contact the Finance Director should you need a paper copy of any of these reports.

 

2017

Grand Haven Financial Statements

Grand Haven/Spring Lake Sewer Authority Financial Report

Northwest Ottawa Water System Financial Report

Harbor Transit Financial Report

 

2016

Grand Haven Financial Statements

Grand Haven/Spring Lake Sewer Authority Financial Report

Northwest Ottawa Water System Financial Report

Harbor Transit Financial Report

 

2015

Grand Haven Financial Statements

Grand Haven/Spring Lake Sewer Authority Financial Report

Northwest Ottawa Water System Financial Report

Board of Light and Power Financial Report

Harbor Transit Financial Report

 

Click here to view City Audits on the Michigan Treasury website