Finance Frequently Asked Questions
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Role of Finance: The role of Finance is to create a unified city accounting system. Finance is responsible for the administration of activities that include: the receipt, expenditure, accounting, investment, custody and control of municipal funds and assets including the budget (both operating and capital); financial accounting, which shall be conducted according to generally accepted accounting principles; investments and insurance; payroll; pension administration; materials management; and all other financial matters that may arise.
All fees that are paid in person are to be paid in the Treasury Office located on the first floor (room 1-33) in City Hall.
If it is simply a change from one City location to another (and not to a location out of the City), an e-mail, fax, or letter giving the complete change of address (and/or phone number if applicable), along with the effective date of the change is sufficient. However, if the change of address is to an out-of City location, the City will have to have notification in writing from the owner(s), i.e. proprietor, partners, or officers, notifying us of the out of business date.
- If the change of “ownership” is simply a sale of the corporate stock, and there is no change to the business’ Federal ID number, than the City only requires the change to be in writing as detailed in 1) above.
- If the change of “ownership” involves more than a simple stock transfer, i.e. there is a new Federal ID number assigned to the “new” entity, the old owner(s) must notify the City accordingly [see 1 above] of its “out of business” date and the new owner(s) must follow the procedures to apply for a new Business Privilege License and be treated as a new business.
Business Privilege is the only license filed with the City of Reading Customer Service Center.
The function of the Purchasing Division is to procure the highest quality commodities and services that meet the City's needs at the least expense. The purchasing process includes planning and scheduling purchases, seeking competition, assuring the preparation of proper specifications and enforcing compliance with all purchasing regulations and procedures. This Division also manages in-house printing operations.