The Finance Department is tasked to protect the city’s resources in a high quality, cost effective, and innovative environment that maintains trust. Receiving money and sending money requires efficiency as well as safeguards in the current day inherent risks such as check fraud and cyber-crime. Currently the City receives funds in cash, checks, electronic payments (wires and ACH) and credit cards. The City sends payments to vendors and employees payroll by check, electronic payments and purchase cards. To minimize risk and increase efficiency, the Finance Department has a goal to minimize cash and check transactions both receiving and sending by 2024 to 10% of all transactions.