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FUND GENERAL
<br />DEPARTMENT:
<br />FUNCTION:
<br />FINANCE
<br />GENERAL GOVERNMENT
<br />Business
<br />Unit
<br />Object
<br />Account
<br />Description
<br />2018
<br />Actual
<br />2019
<br />Actual
<br />2020
<br />Actual
<br />2021
<br />Adopted
<br />Budget
<br />2022
<br />Requested
<br />Budget
<br />0153
<br />0153
<br />6102
<br />6108
<br />F.T. REGULAR -WAGES & SALARIES
<br />SEVERANCE PAY
<br />246,595
<br />256,779
<br />265,330
<br />265,726
<br />270,855
<br />0153
<br />6121
<br />PERA CONTRIBUTIONS
<br />18,175
<br />18,954
<br />19,489
<br />19,929
<br />20,314
<br />0153
<br />0153
<br />6122
<br />6131
<br />FICA/MEDICARE CONTRIBUTIONS
<br />GROUP INSURANCE
<br />17,834
<br />26,524
<br />18,222
<br />28,896
<br />19,025
<br />27,432
<br />21,540
<br />29,024
<br />21,266
<br />19,151
<br />0153
<br />6133
<br />WORKERS COMP INSURANCE PREMIUM
<br />660
<br />1,395
<br />1,568
<br />2,086
<br />2,249
<br />0153
<br />6204
<br />STATIONERY, ENVELOPES & FORMS
<br />630
<br />433
<br />372
<br />800
<br />600
<br />0153
<br />0153
<br />6208
<br />6302
<br />MISCELLANEOUS OFFICE SUPPLIES
<br />AUDITING & ACCOUNTING SERVICES
<br />112
<br />30,485
<br />390
<br />32,680
<br />1,861
<br />32,405
<br />400
<br />39,000
<br />400
<br />35,000
<br />0153
<br />6321
<br />TELEPHONE
<br />343
<br />447
<br />464
<br />500
<br />0153
<br />6322
<br />POSTAGE
<br />0153
<br />6335
<br />TRAINING
<br />11,
<br />1,910
<br />1,689
<br />1,574
<br />2,000�
<br />225
<br />1,739
<br />3,500
<br />2,000
<br />3,500
<br />0153
<br />6352
<br />GENERAL NOTICE & PUBLIC INFOR
<br />527
<br />263
<br />296
<br />600
<br />500
<br />0153
<br />0153
<br />6361
<br />6451
<br />GENERAL LIABILITY/PROPERTY INS
<br />MEMBERSHIP DUES
<br />3,200
<br />659
<br />3,637
<br />544
<br />3,874
<br />623
<br />3,800
<br />800
<br />4,300
<br />800
<br />0153
<br />6489
<br />Total Expenditure
<br />OTHER CONTRACTED SERVICES
<br />2,877
<br />350,532
<br />3,035
<br />367,590
<br />3,114
<br />379,167
<br />3,500
<br />393,205
<br />4,000
<br />384,935
<br />PERSONNEL COMPLEMENT
<br />Finance Director
<br />Asst. Finance Director
<br />Accountant I
<br />Accountant II
<br />Accountant III
<br />Accounting Clerk
<br />Sr. Accounting Clerk
<br />'DESCRIPTION OF SERVICES:
<br />Finance Total
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />1.00
<br />4.00
<br />4.00
<br />4.00
<br />4.00
<br />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 />J
<br />• No expectation of a single audit in 2022
<br />• Reclass 5% Salary of Asst FD to Storm Utility
<br />GOALS OF CURRENT YEAR BUDGET:
<br />• Continued long-term financial planning (5-Year Budget & i0-Year CIP)
<br />O Continued CAFR award recognition
<br />• Ensure compliance with state and federal laws
<br />Performance Measurements:
<br />2018 Actual
<br />', 2019 Actual
<br />2020 Actual
<br />2021 Projected
<br />2022 Projected
<br />Average Rate of Return
<br />1.53%
<br />2.18%
<br />2.00%
<br />2.00%
<br />_
<br />2.00%
<br />Bond Rating
<br />AA+
<br />AA+
<br />AA+
<br />AA+
<br />AA+
<br />
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