The City of Lakewood Finance Division provides accurate financial information for City leaders to make educated judgments about the City’s financial health and operations.

Tho Kraus
Deputy City Manager
(253) 983-7706
Fax: (253) 589-3774

Email: TKraus
To email Tho Kraus add her email handle before


Washington State Auditor Case Study – City of Lakewood.


  • Accounts payable/receivable
  • Payroll
  • Cash and investment management
  • Financial forecasting
  • Budget preparation
  • Internal control monitoring
  • Audit
  • Financial reporting, including quarterly, year-end and the Comprehensive Annual Financial Report (Annual Report)
  • Non-departmental/centralized services
  • Fleet and equipment administration
  • General accounting such as capital projects, capital assets, and grants.

Goals and Objectives:

  • Provide timely, accurate, user-friendly and transparent financial information and services
  • Ensure compliance with purchasing laws and regulations
  • Ensure proper internal control in City operations to safeguard City resources
  • Maintain reliability and integrity of the City’s financial data and processes
  • Stay on top of new developments in accounting and finance