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FUND GENERAL DEPARTMENT: <br />FUNCTION: <br />I:INANCE <br />GENERAL GOVERNMENT <br />Business Object <br />Unit Account <br />Description <br />2016 <br />Actual <br />2017 <br />Actual <br />2018 <br />Adopted <br />Budget <br />2019 <br />Proposed <br />Budget <br />0153 _=6102 F.T. REGULAR -WAGES & SALARIES 219,460 230,333 239,982 252,925 <br />0153 6108• SEVERANCE PAY <br />0153 6121 PERA CONTRIBUTIONS 16..009 17,258 17,999 18,969 <br />0153 :6122 FICA/MEDICARE CONTRIBUTIONS 15,711 - 17,201 19,353 • 20,421 <br />0153 .6131 GROUP INSURANCE . 31,492 23,659 26,537 - 28,901 <br />0153 -6133 WORKERS COMP INSURANCE PREMIUM 1,021 1,065 1,883 1 1,986 <br />0153 6204 STATIONERY, ENVELOPES & FORMS 703 855 ,1,000 1,000 <br />0153 6208 MISCELLANEOUS OFFICE SUPPLIES 404 ° 125 500 500 <br />0153 6302 AUDITING & ACCOUNTING SERVICES 29,610 ' 32,010 30,500 34,000 <br />U153 -6321 _TELEPHONE 439 358 500 500 <br />01536322 POSTAGE _ 2,299 1,794 - 2,200 2,200 <br />0153 6335 TRAINING 275 213 1,000 1,000 <br />0153 6352 GENERAL NOTICE & PUBLIC FNFOR 779 " 231 1,200 600 <br />0153 6361 GENERAL LIABILITY/PROPERTY INS 1 4,562 3,250 i 4,900 , 3,700 i <br />0153 6451 ;MEMBORSHIP DUES 679 679 i 800 800 <br />0153 6489 OTHER CONTRACTED SERVICES 3,104 1 2,261 1 3,800 3,500 <br />Total Expenditure 326,447 331,891 352,154 371,002 <br />PERSONNEL COMPLEMENT <br />Finance Director <br />Asst, Finance Director <br />Accountant 1 <br />Accountant II <br />Accounting Clerk <br />Sr. Accounting Clerk <br />DESCRIPTION OF SERVICES: <br />2.00 <br />1.00 <br />1.00 <br />1.00 <br />1.00 1.00 1.00 <br />1.00 1.00 1.00 <br />1,00 1.00 1.00 <br />1,00 <br />Finance Total 4.00 4.00 <br />The Finance Department is responsible for financial reporting and budgeting, assessments, cash receipts, accounts <br />;receivable, accounts payable, payroll processing, debt service management and investment of all city funds. <br />BUDGET HIGHLIGHTS <br />• Na Major Changes <br />GOALS or CLIRRENT YEAR BUDGET: <br />a Continued long-term financial planning (5-Year Budget & CIF) <br />• Continued CAFR award recognition <br />• Ensure compliance with state and federal laws <br />Performance Measurements: <br />1.00 <br />4.00 <br />1.00 <br />4.00 <br />I 2017 Actual 12018 Estimate 12019 Projected <br />Average Rate of Return 1.53% L70% 2.00% <br />Bond Rating AA+ AA++F AA+ <br />Vendor Checks Issued 2,903 2,700 2,500 <br />1 <br />- 21-- <br />