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2011 Financial Report

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Anyone who has kept a checkbook is aware of the need to keep the register updated. Miss documenting a couple of monthly checks and that next car payment check may be bouncing down the street faster than the car itself.

Now imagine your check register being open for everyone to view.

If it’s your money at stake, there’s a good chance you’d want to have a good look at those check transactions. Realizing that public dollars keep the City of Greer running on a daily basis, city officials choose to keep the municipal checkbook open for all residents to view.

“Financial transparency isn’t just a good way to do business, it’s how municipalities should do business,” said David Seifert, the city’s director of finance and information technology. “We’ve made a commitment to making the city’s finances available to everyone via the web. From checks issued monthly to annual budgets and audits, our residents can see exactly where and how their dollars are being spent.”

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A dashboard with a comprehensive view of year-to-date revenues and expenditures is also available on the finance web page. Features include the ability to examine revenue by type and expenditures by city department. Easy to read graphs help break down the financial information.

Financial reports may be accessed at www.cityofgreer.org by navigating to the finance section under City Administration or by clicking the Quick Links tab and scrolling to the financial reports link. During the initial visit, residents are encouraged to bookmark the page for easy future access.

“Feedback has been all positive so far.  It’s always gratifying to know that we’re not only meeting but exceeding the public’s expectations – both with the use of technology to share information and for being good stewards of public funds.  We value that public confidence,” Seifert said.

The city’s annual audit for the fiscal year ending June 30, 2011 should help bolster that public confidence.

Following three years of lower-than-anticipated revenues during the economic downturn, the city realized an overage in actual revenue.  Because city departments again held the line on expenditures, the city experienced a gain of $1,575,213 to begin replenishing the fund balance that was tapped during the downturn.


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