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<br /> FUND GENERAL DEPARTMENT: FINANCE
<br /> FUNCTION: GENERAL GOVERNMENT
<br /> 2019 2020
<br /> Business jest Description 2017 2018 Adopted Adopted
<br /> Unit Account Actual Actual Budget Budget
<br /> 0153 6102 F.T. REGULAR-WAGES&SALARIES 230,333 246,595 252,925 261,490
<br /> 0153 6108 SEVERANCE PAY - - -
<br /> 0153 6121 PERA CONTRIBUTIONS 17,258 18,175 18,969 19,612
<br /> 0153 6122 FICA/MEDICARE CONTRIBUTIONS 17,201 17,834 20,421 21,169
<br /> 0153 6131 GROUP INSURANCE 23,659 26,524 28,901 27,900
<br /> 0153 6133 WORKERS COMP INSURANCE PREMIUM 1,065 660 1,986 2,053
<br /> 0153 6204 STATIONERY, ENVELOPES&FORMS 855 630 1,000 800
<br /> 0153 6208 MISCELLANEOUS OFFICE SUPPLIES 125 112 500 300
<br /> 0153 6302 AUDITING&ACCOUNTING SERVICES 32,010 30,485 34,000 34,000
<br /> 0153 6321 TELEPHONE 358 343 500 500
<br /> 0153 6322 POSTAGE 1,794 1,910 2,200 2,200
<br /> 0153 6335 TRAINING 213 - 1,000 1,000
<br /> 0153 6352 GENERAL NOTICE&PUBLIC INFOR 231 527 600 600
<br /> 0153 6361 GENERAL LIABILITY/PROPERTY INS 3,250 3,200 3,700 3,700
<br /> 0153 6451 MEMBERSHIP DUES 679 659 800 800
<br /> 0153 6489 OTHER CONTRACTED SERVICES 2,861 2,877 3,500 3,500
<br /> Total Expenditure 331,891 350,532 371,002 379,624
<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 CURRENT YEAR 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 /> 2018 Actual 2019 Estimate 2020 Projected
<br /> Average Rate of Return 2.10% 2.30% 2.40%
<br /> Bond Rating AA+ AA+ AA+
<br /> Vendor Checks Issued-Net of EFT's 3,070 2,380 2,100
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