The Finance Administration plans and directs the financial activities of the City. The Department oversees accounting, purchasing, tax collection, invoicing, financial reporting, debt and investment management. Finance leads the City’s budgeting process, oversees the long-term financial plan, and prepares related policy recommendations. In addition, the Department plans the issuance of debt securities by the City and monitors the tariffs of the City’s utilities to ensure the financial stability of these systems. The Department of Finance also liaises with several boards, including the General Government and Finance Advisory Council (GGAF), the Georgetown Economic Development Corporation (GEDCO), and the Georgetown Transportation Enhancement Corporation (GTEC).
Leigh Wallace became Chief Financial Officer for the City of Georgetown in February 2016.
Ms. Wallace has worked in local government since 2007 with experience in finance and water utilities. Prior to joining the City of Georgetown, Wallace worked in the City of Austin Budget Office. As the company’s budget manager, she developed and oversaw Austin’s $ 3.5 billion annual operating budget. While in Austin, Wallace served as a Team Leader for the 2012 Leadership International City / County Management Association class for the Edmonton Capital Projects Advisory Team in Edmonton, Alberta, Canada.
Ms. Wallace’s current initiatives in Georgetown include implementing a new financial software system and improving the transparency of Georgetown’s financial reporting and processes.