The City of Northlake manages its financial activities using Fund Accounting. It currently oversees eight (8) funds, each tracked as an independent entity and consolidated into a single financial overview. These funds include the General Fund, Utility Tax Fund, Motor Fuel Tax Fund, Wolf Ridge Condo Fund, Creekside Fund, 21st Century Fund, Water and Sewer Fund, and CDBG Fund.
The City of Northlake employs an independent auditing firm to review, reconcile, and certify the financial results for the City of Northlake to ensure complete compliance with all federal, state, and local accounting standards, regulations, and laws.
