The Office of the Treasurer & Tax Collector, serves as the banker, tax collector, collection agent, and investment officer for the City and County of San Francisco.
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The mission of the Office of the Treasurer & Tax Collector is to:
- Facilitate voluntary compliance with the tax laws of the City and County of San Francisco by simplifying all processes and procedures and by providing efficient customer service.
- Collect all taxes and fees due and owing to the City.
- Conserve all City funds, prudently investing the monies to achieve maximum yield, low risk and high liquidity.
The Office of the Treasurer & Tax Collector serves two basic functions for the residents of the City and County of San Francisco (CCSF):
- The collection of taxes and other CCSF revenue.
Through mail, in person in the City Payment Center, and now through the Internet, the Department collects and deposits taxes and other obligations paid to the City, including business taxes, property taxes, and fees for various business licenses and permits that are required by the Municipal Code. Tax Collection units collect over $2 billion annually in property taxes, business taxes, and license fees. Additionally, the Department investigates and collects unreported and delinquent tax obligations. Through the City Payment Center and the SFGov on-line CityServices website, the Department contracts tocollect current and delinquent obligations owed to other City Departments, such as the Water Department and Department of Public Health.
- The conservation and oversight of monies before disbursement.
The Treasurer manages all city funds in order to gain the maximum return with low risk and high liquidity, including investing the City’s portfolio of pooled funds. The Treasurer works with all City departments to ensure that funds are received, deposited, and reconciled as quickly and accurately as possible, so as to provide maximum interest and investment returns for the people of San Francisco. The Department administers and monitors the deposit accounts and wire transactions of all City agencies and contracts with banks for financial services. The Department also disburses payments on the City’s General Obligation municipal bonds.