Financial Services is responsible for directing and controlling the areas of Accounting, Accounts Payable, Payroll, Treasury Management, and Purchasing.

The Accounting Division is responsible for functions such as accounts receivable, grant reporting and financial reporting which includes preparation of the CAFR (Comprehensive Annual Financial Report).

The Accounts Payable/Payroll Division is responsible for processing prompt and accurate payments to vendors and employees.  Accounts Payable verifies that every vendor payment is appropriately authorized and supported by complete documentation.  Payroll processes the City's bi-weekly payroll, disburses related employee payroll deductions and files all Federal and State payroll tax returns

The Treasury Management office performs cash and investment functions, management of long term debt and bank depository relationships. They also administer some revenues and maintain economic development agreements.

The Purchasing Division handles the acquisition and sale of all materials, supplies and equipment used by all departments. They establish and enforce the bid specifications and handle all auctions of City of Arlington property. They maintain records of all purchasing activities.