Finance

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Business Services Department | Official website of the City of Tucson

The Business Services Department provides financial services and controls in support of a complex governmental organization and maintains the financial integrity of the City.

Independent Registered Municipal Advisor (IRMA) Exemption

IRMA Exemption Notice

Financial Information

Comprehensive Annual Financial Reports (CAFR)

The image below links to current year report (pdf), or select the CAFR link above for prior year reports.
For questions, please call Accounting at (520) 791-4561.

 

Annual Expenditure Limitation Report

For questions, please call Accounting at (520) 791-4561.

Tucson Supplemental Retirement System (TSRS) CAFR June 30, 2018

For questions, please call the Pension Section at (520) 791-4598.

 

Key to reading the Monthly Financial Statements

 

Monthly Financial Reports

Access the Monthly Financial Reports for the fiscal year. For questions, please call Accounting at (520) 791-4561.

Single Audits

Access the Single Audit Reports.  This report covers our Federal Expenditures by agency for the fiscal year indicated.

Bond Rating

Access the

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Accounting Vs Finance: Which Should You Study?

It’s all about FAME. And no, we’re not talking about the 1980 American musical film Fame, we’re talking about the popularity of FAME subjects among university students… obviously.

The popularity of FAME subjects (finance, accounting, management and economics) comes from their vital role in the world of business, particularly those first two letters of the acronym: accounting and finance.

The primary difference in the battle of accounting vs finance is that accounting has a relatively narrow focus, while finance is wider-ranging, covering an array of specializations in the world of business, economics and banking.

A total of 36 countries boast at least one university among the 200 top accounting and finance schools ranked in the QS World University Rankings by Subject 2018, showing it’s not just highly developed countries which have a need for accountants.

But, should you study finance or accounting? Read on for an in-depth comparison of

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The Official Home Page of the Finance Comptroller School


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Finance Degree: Definition, Types and Careers

A finance degree is a type of academic degree awarded to students who have completed a formal finance-related degree program at a college, university, or business school. Degree programs in this area rarely focus on one particular area of finance. Instead, students study a range of finance-related topics, including accounting, economics, risk management, financial analysis, statistics, and taxation. 

Types of Finance Degrees

There are four basic types of finance degrees that can be earned from a college, university, or business school:

  • Associate Degree: An associate degree with a focus on finance can usually be earned in two years or less. An individual with an associate-level finance degree can often get entry-level positions at a bank or accounting firm, but may need a more advanced degree for supervisory or management positions. 
  • Bachelor Degree: A bachelor degree in finance can usually be earned in three to four years. This degree is required
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What is a Finance Major and is it Right for Me? | Career Advice & Interview Tips

Are you intrigued by the mathematics or statistics courses that you’ve taken in the past? Do you feel like you solve problems in creative ways, with a numbers-driven approach? Would you be interested in helping companies plan for how to grow their revenue or maintain profitability in both the short and long term? If so, a finance major might just be for you.

What is a finance major?

Financial planning, investment decisions and analyzing/limiting expenses are all various aspects of what you can and will learn as a finance major. As a finance major, you will study how companies have performed in the past to predict how they will perform in the future, and learn how to communicate information that will drive strategic changes. Many of your assignments will be project driven, whether they be individual case studies to enhance your problem-solving ability, or group presentations to practice the way

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Finance

Corporate Finance
Finance from the viewpoint of corporate finance decision-makers, including profitability ratios, capital structure, cost of capital, discounted cash flow methods, and mergers and acquisitions.

Security Analysis
How to value the assets, debt, warrants, and equity of companies. Includes valuation methods, free cash flow, leverage, cost of capital, share buy-backs, and more.

Financial Ratios
A listing of some useful financial ratios, including leverage, gross margin, asset turnover, ROA, ROE, and liquidity ratios.

Free Cash Flow
Explains how to calculate the unlevered free cash flow for valuation purposes.

Terminal Value
Discusses the significance of terminal value and how to calculate it .

Debt Valuation
Methods for valuing the debt of a corporation. Includes a section on modeling the possibility that bond ratings will change over time.

Black-Scholes Model
A brief description of The Black-Scholes option pricing formula, and how to apply it to the valuation of options and warrants.

Mergers

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Mariner Finance | Personal loans near you

 

†We offer personal loans from $1,000 to $25,000, with minimum and maximum amounts dependent on an applicant’s state of residence and the underwriting of the loan. Loans between $1,500 and $15,000 may be funded online. Loans greater than $15,000 or less than $1,500 are funded through our branch network. Specific interest rates and fees are determined as permitted under applicable state law and depend upon loan amount, term, and the applicant’s ability to meet our credit criteria, including, but not limited to, credit history, income, debt payment obligations, and other factors such as availability of collateral. Not all rates and loan amounts are available in all states. Not all applicants will qualify for the lowest rates or larger loan amounts, which may require a first lien on a motor vehicle not more than ten years old titled in the applicant’s name with valid insurance.

To help the government fight the

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Yahoo Finance – Apps on Google Play

Your #1 finance destination to track the markets and the economy.

Follow the stocks you care about most and get personalized news and alerts. Access real-time stock information and investment updates to stay on top of the market.

Favorite features:
• Track the performance of your personal portfolio
• Follow stocks to get real-time quotes and personalized news
• Discover detailed financial information such as historical financials, ESG ratings, and top holders
• Go beyond stocks and track currencies, bonds, commodities, equities, world indices, and futures
• Compare and evaluate stocks with interactive full screen charts
• Sign in to view and edit your web portfolio on the go

Helpful tips:
• Follow all the stocks you care about by searching for the ticker and tapping the star icon
• Create multiple watchlists to organize the stocks you follow
• Enable notifications for price alerts, breaking news, earnings reports, and

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Office of Finance

Special Notice for Our Veterans and Their Families:
US Flag Folded and EncasedOur office supports VA organizations and their financial needs.  For Veterans in crisis and their family and friends, please access the Veterans Crisis Line Website.  For assistance or questions with Veteran benefits and services, to include benefits checks, access to claim folders, medical, or burial, please visit the Veteran Services website or call (800) 827-1000.  Thank you for your service and support.

Bar graph and stock ticker imageThe Office of Finance, under the direction of the Deputy Assistant Secretary for Finance (VA’s Deputy Chief Financial Officer), has more than 400 staff located in the Office of Financial Policy, and two field sites:  the Financial Services Center (FSC), along with the Office of Internal Controls (OIC), in Austin, Texas, and the Debt Management Center (DMC) in St. Paul, Minnesota.  Learn more »

For more information or questions, call (877) 353-9791.


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