Alabama State Finance Department in Tuscaloosa Alabama

Address and phone number for Alabama State Finance Department, a Finance Department, at University Boulevard, Tuscaloosa AL.


Name
Alabama State Finance Department
Address
200 University Boulevard, Tuscaloosa, Alabama, 35401
Phone
205-759-0904
Fax
205-759-0845

About the Alabama State Finance Department

The Alabama State Finance Department, located in Tuscaloosa, AL, is responsible for financial administration in Tuscaloosa. The Finance Department oversees accounting, cash management, debt management, and investment management, including preparing financial statements and enforcing financial controls. Government financial records created by the Finance Department are available to the public.

You may contact the Department of Finance for questions about:
  • Tuscaloosa County government financial records
  • Tuscaloosa financial management
  • Municipal bonds and investments
  • Unclaimed property in Tuscaloosa, AL
  • Government budget reports
Tuscaloosa Government Financial Records

The Finance Department records all government financial transactions, including accounts payable, payroll, accounts receivable, and employee benefits transactions. The Tuscaloosa Department of Finance also reconciles bank statements to the general ledger to ensure Tuscaloosa government financial records are accurate. In addition to financial management services, the Finance Department creates annual financial statements detailing Tuscaloosa government financial activities, which are available to the public. These financial statements undergo audits from an outside agency to verify their accuracy and representation of the Tuscaloosa government's financial situation.

Unclaimed Property in Tuscaloosa, AL

The Alabama State Finance Department provides information on unclaimed property located in Tuscaloosa, AL. These records allow rightful owners to claim their property. The Finance Department also provides resources to identify unclaimed funds, including for heirs or beneficiaries. Contact the Finance Department for information about Tuscaloosa County databases to search for unclaimed funds or property, as well as information on recovering found cash and property.

Financial Reporting & Controls

In Tuscaloosa, the Finance Department develops and implements internal controls designed to promote transparency in financial management. These controls also prevent fraud, misuse, and misappropriation of funds. The Finance Department enforces rules for approving payments, handling cash, and processing payments. During the annual audit review, an external agency reviews Tuscaloosa government compliance with these internal controls.

Tuscaloosa County Government Investments

The Finance Department manages the Tuscaloosa government's investments and cash on hand. This includes balancing the need for cash on hand to cover current activities and obligations with the opportunity to maximize investment returns. The Finance Department adopts policies on cash management and investment, and it also provides information on Tuscaloosa County government investments.

Government Bonds & Debt Offerings

The Tuscaloosa Finance Department manages government bonds and debt offerings, including issuing bonds to pay for infrastructure improvements and public projects. The Department of Finance must size the bond offering and create an Official Statement, which provide rating agencies with information to assign the bonds a credit rating. Contact the Alabama State Finance Department for more information on Tuscaloosa government bonds and debt offerings.

Contact the Alabama State Finance Department

You may contact the Alabama State Finance Department by calling 205-759-0904, or by addressing inquiries to the office mailing address: Alabama State Finance Department, 200 University Boulevard, Tuscaloosa, Alabama, 35401.


Related Resources

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