The Department of Finance administers all of the City’s fiscal operations. The operations include: income tax administration, accounts payable, accounts receivable, budgeting, payroll, investing and financial reporting. The current income tax rate is 1.5% with the Regional Income Tax Agency (R.I.T.A.) collecting City’s income tax. Copies of the Annual Budget and Financial Statements are available upon request at the City Building located at 5200 Springfield Street, Suite 100.