Lake City Finance Department

The Finance Department is responsible for the efficient fiscal management of the City of Lake City and a $3.5 million dollar annual budget. The principal function is to perform financial oversight, planning, and administrative duties, with responsibility over the City’s initial budget preparation, accounting, auditing and related financial operations. The Department is responsible for providing timely information to the City Manager on issues affecting the current and future financial affairs of the City. In addition, the department provides related support services to other City departments.

Other responsibilities include:

  • Accounts payable
  • General accounting
  • Payroll
  • Preparing the annual budget
  • The City’s annual audits

The 2013 Fiscal Budget totals $3.5 million dollars. Lake City has one of the lowest property tax rates in all of the metro Atlanta area. The average homeowner pays little or no taxes considering Lake City’s Net M&O Millage rate of 7.50 mills, $60,000 homestead exemption and the property values only being assessed at 40% of their fair market value.

Finance Director Tonya Tripp

City Treasurer Tonya Tripp serves as the Finance Officer and Human Resources Manager for Lake City. Mrs. Tripp was initially employed by Lake City as Court Clerk in 1997.

In 1999, the city's bookkeeper retired and she was asked to fill that position. In her current position she is responsible for Accounts Payable, Property Taxes, Sanitation billing, Human Resources; including Payroll, and all other financial reporting to include annual audits.

Before Tonya came to work for Lake City she worked briefly as a Community Services Coordinator with Professional Probation Services in Jonesboro and prior to that was a Police/Fire/EMS Dispatcher with the City of Morrow for three years.

Tonya attended Jackson State University in Jackson, Mississippi for two years and then graduated from Georgia State University in 1995 with a Bachelor of Science degree in Criminal Justice.