Budget and Finance

State and County Shelter in Place (Stay at Home) orders

Slide Willets on Monterey State Beach

Tax Facts

Facility Facts

Hotel Tax Facts

Finance 101 Report

Lauren Lai, CPA
Finance Director
lai@monterey.org

Jordan Cupps, CPA
Assistant Finance Director
cupps@monterey.org

Hours
Monday - Friday
8:00am to 5:00pm

Administration
(831) 646-3940

Accounts Payable
(831) 646-3943

Payroll
(831) 646-3942

Revenue – Accounts Receivable, Pet Licenses, Business Licenses
(831) 646-3944

Finance Department
735 Pacific Street, Suite A
Monterey, CA 93940
Fax: (831) 655-0562
finance@monterey.org

Successor Agency

Welcome to your online guide to the Finance Department. We are responsible for managing and executing all of the financial management functions for the City. Information includes the City's Comprehensive Annual Financial Report (CAFR), City fees and charges, budget data for the current year and prior years, and City ordinances pertaining to the Business License Tax, Visitor Accommodation Facilities Tax, including Transient Occupancy Tax (TOT), and Utility Users Tax.


We provide an online version of the Transient Occupancy Tax Return form for those hotel/motel operators who are required to collect and remit transient occupancy taxes to the City.

If you are starting a business in Monterey, the business license application form can be downloaded from this site. A business license tax calculator also is provided to compute the business license tax for you. The specific programs are briefly described below.

Finance and Budget News

29 May 2020
05/29/2020: Restoring City Budget and Services: Community Virtual Town Hall on Monterey's FY 2021 Budget in the Age of COVID-19, June 1, 2020

05/29/2020: Restoring City Budget and Services: Community Virtual Town Hall on Monterey's FY 2021 Budget in the Age of COVID-19, June 1, 2020

The City of Monterey's budget faces a devastating loss of $31 million over the span of two years as a result of Covid-19. The State’s Stay at Home and Monterey County Health Department’s Shelter in Place orders required the temporary closure of many of the City’s facilities and the cancellation of many cherished community programs and services, including those provided by the Monterey Public Library, Monterey Sports Center, four community centers, and the Monterey Conference Center. NEWS RELEASE | FLYER | REGISTER HERE

Town Hall Flyer
 

30 September 2019
09/30/2019: Monterey Receives Distinguished Award for Financial Reporting

09/30/2019: Monterey Receives Distinguished Award for Financial Reporting

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Monterey by the Government Finance Officers Association (GFOA) for its comprehensive annual financial report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. NEWS RELEASE IN PDF | PHOTO

11 September 2019
Call for Sealed Bids: General Municipal Building Improvements Job Order Contract 2019 for Presidio Municipal Services Agency (PMSA)

Call for Sealed Bids: General Municipal Building Improvements Job Order Contract 2019 for Presidio Municipal Services Agency (PMSA)

NOTICE IS HEREBY GIVEN that the City of Monterey invites sealed bids for furnishing the following:  General Municipal Building Improvements Job Order Contract 2019 for Presidio Municipal Services Agency (PMSA).  This is a job order contract, which shall be used to provide the City with a readily available work force for repairs to existing facilities, and emergency repair as the City deems appropriate. Bids shall be delivered to the office of the City Clerk, attention Finance Director, 580 Pacific St., Room 6, City of Monterey, CA 93940 no later than the hour of 2:00 p.m. on the 22nd day of October, 2019.  CALL FOR SEALED BIDS IN PDF

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A new biennial (two-year) budget was passed by the City Council on June 18, 2019.
See details on the Budget page or the Let's Do It page.