FY 2024-2025 Final Adopted Budget

),1$1&,$/ $'0,1,675$7,9( 6(59,&(6

Departmental Objectives · Provide quality and timely ¦ nancial reports, services, and products to all customers and partners. · Partner with the community by effectively informing citizens of ¦ nancial information and maintaining good community relations. · Process mission critical services timely. · Ensure department staff is adequately trained and strive to match the department staff to the overall City population diversity. · Utilize available technology to improve processing of services and disseminating ¦ nancial information. · Maintain or improve the City's ¦ nancial position by enhancing the ability to fund service and budget priorities and manage ¦ nancial resources in an e ¨ cient manner while promoting accountability for resource usage.

PERFORMANCE MEASURES

Actual

Budget

Adopted

Projected

2022-23

2023-24

2024-25

2025-26

Effectiveness Measures · Tax-supported debt per capita

<$1,100

<$1,100

<$1,100

<$1,100

· Percent of minimum General Fund unassigned Fund Balance

9%

9%

9%

9%

· City general obligation bond rating

AAA/AAA/AAA AAA/AAA/AAA

AAA/AAA/AAA AAA/AAA/AAA

· Revenue bond rating

AAA/Aa1/AAA AAA/AA1/AAA

AAA/Aaa

AAA/AAa

· Limited Obligation bond rating

AA+/Aa1/AA+ AA+/AA1/AA+

AA+/Aa1/AA+

AA+/Aa1/AA+

· Percent parking tickets collected

77%

75%

75%

75%

· Percent miscellaneous billing collected

95%

99%

99%

99%

· Percent assessments collected

82%

80%

80%

80%

· Percent Stormwater/Solid Waste (Cycle 8) Collected · GFOA ¦ nancial reporting standard met

85%

80%

80%

80%

Yes

Yes

Yes

Yes

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