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FUND GENERAL DEPARTMENT: FINANCE
<br /> FUNCTION: GENERAL GOVERNMENT
<br /> Business Object 2016 2018 2019
<br /> Unit Account Description Actual 2017 Adopted Proposed
<br /> Actual Budget Budget
<br /> 0153 6102 F.T.REGULAR-WAGES&SALARIES 219,460 230,333 239,982 252,92S
<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 1,986
<br /> 0153 6204 STATIONERY,ENVELOPES&FORMS 703 855 .11000 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 /> 0153 6321 TELEPHONE 439 358 S00 500
<br /> 0153 6322 POSTAGE 2,199 1,794 2,200 2,200
<br /> 0153 6335 TRAINING 275 213 1,000 1,000
<br /> 0153 6352 GENERAL NOTICE&PUBLIC INFOR 779 231 1,200 600
<br /> 0153 6361 GENERAL LIABILITY/PROPERTY INS 4,562 3,250 4,900 3,700
<br /> 0153 . 6451 MEMBERSHIP DUES 679 679 800 800
<br /> 0153 6489 OTHER CONTRACTED SERVICES 3,104 2,861 3,800 3,500
<br /> Total Expenditure 326,447 331,891 352,154 371,002
<br /> PERSONNEL COMPLEMENT
<br /> Finance Director 1.00 1.00 1.00 1.00
<br /> Asst.Finance Director 1.00 1.00 1.00 1.00
<br /> Accountant I 1.00 - - -
<br /> Accountant II - 1.00 1.00 1.00
<br /> Accounting Clerk 1.00 - - -
<br /> Sr.Accounting Clerk - 1.00 1.00 1.00
<br /> Finance Total 4.00 4.00 4.00 4.00
<br /> DESCRIPTION OF SERVICES:
<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 /> No Major Changes
<br /> GOALS OF CURRENTYEAR BUDGET:
<br /> • Continued long-term financial planning(5-Year Budget&CIP)
<br /> • Continued CAFR award recognition
<br /> • Ensure compliance with state and federal laws
<br /> Performance Measurements:
<br /> 2017 Actual 2018 Estimate 2019 Projected
<br /> Average Rate of Return 1.53% 1.70% 2.00%
<br /> Bond Rating AA+ AA+ AA+
<br /> Vendor Checks Issued 2,903 2,700 2,500
<br /> -21-
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