Adopted Budget 2015-2016

FINANCIAL AND ADMINISTRATIVE SERVICES

PROGRAMS

2013-14

2014-15 Budget

2015-16 Adopted

2016-17 Projected

Actual

Administration

Provides financial management for all City funds and transactions; administers debt policies; develops long range financial plans and oversees internal controls, financial policies and procedures.

672,043

706,573

687,886

699,810

Appropriation

Full Time Equivalent Positions

4.50

4.17

4.17

4.17

Accounting

Maintains an accounting system in accordance with generally accepted accounting principles; provides payroll and related services along with capital asset and contract management.

550,322

598,515

603,652

620,926

Appropriation

7

7

7

7

Full Time Equivalent Positions

Central Contracting

Supports bidding and contracting functions for professional and other services across the organization. Services include bid specification development, conducting bids and requests for proposals, contract development, contract execution, grants management and certain functions of M/WBE Program compliance.

112,628

107,362

104,359

106,481

Appropriation

1.5

1.5

1.0

1.0

Full Time Equivalent Positions

Collections

Prepares all required notices/invoices and collects all City revenues including business permits, parking tickets, assessments, user fees and utility payments, including Stormwater, Water and Sewer and Solid Waste payments.

1,205,252

1,327,769

1,300,882

1,330,576

Appropriation

15.5

15.5

15.0

15.0

Full Time Equivalent Positions

Financial Reporting

Prepares reports on the financial condition of the City, including the Comprehensive Annual Financial Report and reports for State agencies; Provides grant management assistance, monitoring of the City’s debt portfolio and coordinates the risk management program. Coordinates the audit function.

253,600

285,161

251,524

262,215

Appropriation

3.35

3.35

3.20

3.20

Full Time Equivalent Positions

Purchasing

Purchases materials, supplies and equipment for all City departments; awards purchase and service agreements; conducts the bidding process for all contracts except construction contracts; arranges and conducts the sale of surplus property.

292,952

328,350

392,433

409,587

Appropriation

5

5

6

6

Full Time Equivalent Positions

Provides cash and investment management to meet the City’s liquidity needs along with preservation of principal balances; provides accounts payable and accounts receivable services and supports electronic commerce initiatives for banking and cash receipts/disbursements. Treasury

497,481

492,812

493,350

508,671

Appropriation

7.05

6.92

7.05

7.05

Full Time Equivalent Positions

57

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