Finance Department

Welcome to the Town of Ocean City’s Finance Department. We are located on the first floor of City Hall at 3rd Street and Baltimore Avenue in downtown Ocean City. Our hours of operation are Monday – Friday, 8:00am to 5:00pm. The Finance Department is responsible for the administration, supervision and performance of all municipal functions related to finance, including accounts receivable, accounts payable, accounting and financial reporting, treasury and cash management, debt management, investments and payroll. The Department also prepares the Comprehensive Annual Financial Report that is audited by an independent auditing firm and publishes a summary of the report as well as a Report to Citizens for each fiscal year. These reports and other Town finance publications are linked to this site for your convenience.

It is our mission to ensure that the financial and fiscal activities of the Town are performed, recorded and presented in compliance with the professional and ethical standards. The Town of Ocean City has been awarded the Government Finance Officers Association’s Certificate of Achievement for Excellence in Financial Reporting for each year since 1988 and accredits this accomplishment to each department head; the Finance Department; City Manager; and the Mayor and City Council for striving to maintain strong internal financial controls and accurate financial reporting.