Finance Department

Finance Director Nevrus NazarkoFinance Director: Nevrus Nazarko, CPA
(248) 758-3100
e-mail: NNazarko@pontiac.mi.us
Hours: Monday through Friday 8:00 a.m. to 5:00 p.m.

The Finance Department is responsible for managing the administration of the financial affairs of the City. The Administrative responsibility of Finance is to insure that all divisions are meeting their respective functions, assignments, and responsibilities towards maintaining appropriate financial records, collection of taxes, special assessments and other revenues.

FITCH RATINGS AFFIRM BOND RATING

Fitch Ratings has affirmed the "CCC" rating for Pontiac's TIFA bonds and removed the ratings from the Negative Watch.

Click here to read details of the report

Adopted 2016-2017 & 2017-2018 Annual Budgets (pdf)

2015 Finance Department Annual Report
Click here to download the 2015 Finance Department Annual Report

FINANCIAL POLICIES
Fund Balance Policy
Authorized Signers on City Bank Accounts
Capital Asset Policy
Cellular Phones
Investment Policy
ACH and Electronic Transactions Policy
Credit Card Policy

ADOPTED 2016-2017 & 2017-2018 BUDGET

The Budget for Fiscal Years 2017 & 2018 has been adopted. Click the link below to view the details.

Adopted 2016-2017 & 2017-2018 Annual Budgets (pdf)

CITY OF PONTIAC ACCOUNTABILITY & TRANSPARENCY REPORTS

The Pontiac Municipal Performance Dashboard includes financial and operating measures important to the government and its citizens. This data includes a current and prior year overview comparison as well as charts and graphs that allow you to view trends over multiple years. Areas of focus include the following:

  • Fiscal Stability
  • Economic Strength
  • Public Safety
  • Quality of Life
Some of these reports require Microsoft Excel in order to view. Click here to download the free Excel Viewer

Budget
Proposed 2015-2016 & 2016-2017 Annual Budget (pdf)

Municipal Financial Summary
Click here to view the Municipal Financial Summary for all years (2006-2015)


Performance Dashboard

Click here to view the City of Pontiac 2015 Performance Dashboard (pdf)
Click here to view the City of Pontiac 2014 Performance Dashboard (excel required)
Click here to view the City of Pontiac 2013 Performance Dashboard (pdf)


Citizen's Guide to Local Unit Finance

Click here to view the 2015 Citizen's Guide to Local Unit Finance (excel required)
Click here to view the 2014 Citizen's Guide to Local Unit Finance (excel required)
Click here to view the 2013 Citizen's Guide to Local Unit Finance (excel required)

Debt Service Reports

Click here to download the 2015 Debt Service Report (pdf)
Click here to download the 2014 Debt Service Report(pdf)
Click here to download the 2013 Debt Service Report (pdf)

CONSOLIDATION OF SERVICES

Click here to download a copy of the EVIP Certification of Consolidation of Services (PDF)

City of Pontiac Other Post Employment Benefits -Actuarial Valuation dated 12/31/2012. Click here to read. (pdf)