The Finance Department is responsible for the financial administration, from budgeting to auditing, of City fiscal resources and issuing of business licenses. The Finance Director assists the City Manager in the operation and capital improvement budgets, serves as advisor to the Land Management Team and presents to the City Council an annual audited statement of the City's financial condition prepared in accordance with governmental reporting standards promulgated by the Governmental Accounting Standards Board (GASB). Responsibilities of the Finance Department include:
  • Accounting
  • Accounts Payable
  • Administration
  • Billing/Collection
  • Business License
  • Capital Budget
  • Financial Reporting
  • Internal Audits
  • Legislative Analysis
  • Operating Budget
  • Payroll
  • Purchasing
  • Revenue Forecasting
  • Risk Management
  • Utility Billing
  • Workers' Compensation

Contact Information

Eric E. Tsao, Finance Director
Phone: (310) 618-5850
Fax: (310) 618-5852

Location and Directions

Administration, Accounts Payable, Audit and Budget: Finance@TorranceCA.Gov
Business License and Revenue: Revenue@TorranceCA.Gov
Purchasing: Purchasing@TorranceCA.Gov

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