Team #6 – Maintain Financial Stability

As a governmental enterprise and a component unit of the Columbus Consolidated Government, CWW is committed to ensuring  fiscal prudence in the management of our operations.  Strategy Team 6, along with our Finance Division and accounting staff, develops strategies to support the forecasting  and monitoring of revenues and expenditures to ensure  we operate on a balanced budget.  CWW utilizes a system of internal accounting controls to ensure that financial assets are safeguarded and that all financial transactions are authorized and are in compliance with local, state and federal guidelines, Generally Accepted Accounting Principles (GAAP), and with the highest standards of business ethics. 

The team, working with operational departments, identifies ways to control operational costs and create operational efficiencies in the procurement and purchasing process, revenue collections, budget management, and financial planning.  Organizational financial performance (revenues as compared to expenditures) is tracked monthly and reported as a strategic benchmark.