The mission of the Finance Department is to provide financial administration and protect the City's assets while providing and supporting the Torrance community with sound financial advice in a timely, cost-effective, and professional manner.
The Finance Department is responsible for financial administration, budgeting, purchasing, accounting, and auditing for City fiscal resources, the issuing of business licenses, and the billing and collection of all monies due to the City.
The Finance Department also administers risk management programs whose objectives are to contain costs related to liability and workers' compensation loss.
Department Head
Ian Dailey
Ian Dailey was appointed as Finance Director in February 2025. Ian received his Bachelor of Science in Managerial Economics from the University of Massachusetts Amherst and his Master of Public Administration with a Certificate in Public Sector Financial Management from California State University Long Beach.