|
FUND GENERAL FINANCE
<br /> 2024 2025
<br /> Business Object
<br /> Description 2020 2021 2023 Adopted Requested
<br /> Unit Account
<br /> Actual Actual 2022 Actual Actual Budget Budget
<br /> 0153 6102 F.T.REGULAR-WAGES&SALARIES 2651330 276,264 2471373 2551114 304,115 3611124
<br /> 0153 6108 SEVERANCE PAY 11,013 8,699
<br /> 0153 6121 PERA CONTRIBUTIONS 19,489 20,428 181501 18,890 22,809 23,346
<br /> 0153 6122 FICA/MEDICARE CONTRIBUTIONS 19,025 20511 191299 191179 24,895 30,400
<br /> 0153 6131 GROUP INSURANCE 27,432 261242 19,708 26,186 34,706 50,528
<br /> 0153 6133 WORKERS COMP INSURANCE PREMIUM 11568 11190 1,246 11308 11996 2,202
<br /> 0153 6204 STATIONERY,ENVELOPES&FORMS 372 841 372 1,009 600 11000
<br /> 0153 6208 MISCELLANEOUS OFFICE SUPPLIES 11861 264 312 225 400 400
<br /> 0153 6302 AUDITING&ACCOUNTING SERVICES 321P405 381260 34,712 40,216 37,000 50,000
<br /> 0153 6321 TELEPHONE 464 443 - -
<br /> 0153 6322 POSTAGE 11574 11571 1,716 1543 2,000 2,000
<br /> 0153 6335 TRAINING 1,739 31;002 2,218 - 31000 30000
<br /> 0153 6352 GENERAL NOTICE&PUBLIC INFOR 296 409 306 505 500 550
<br /> 0153 6361 GENERAL LIABILITY/PROPERTY INS 3,874 41052 2,800 2,612 2,795 2,724
<br /> 0153 6451 MEMBERSHIP DUES 623 777 640 365 850 11200
<br /> E6489 OTHER CONTRACTED SERVICES 3,114 3,450 4,9S2 3,709 5,000 5,000
<br /> l Expenditure 379,167 408,717 362,854 370,861 440,666 533,474
<br /> SUMMARY:
<br /> OPERATING EXPENSE: 379,167 4+08,717 362,854 370,861 440,666 5331474
<br /> CAPITAL OUTLAY: - - - - - -
<br /> TOTAL EXPENDITURES $ 379,167 $ 4080717 $ 362,854 $ 370,861 $ 440,666 $ 533,474
<br /> PERSONNEL COMPLEMENT
<br /> Finance Director 1.00 1.00 1.00 1.00 1.00 1.00
<br /> Asst.Finance Director 1.00 1.00 1.00 1.00 1.00 1.00
<br /> Accountant I - - - 1.00 1.00 1.00
<br /> Accountant 11 1.00 - - - 1.00 1.00
<br /> Accountant III - 1.00 1.00 - - -
<br /> Accounting Clerk - - 1.00 1.00. 1.00 1.00
<br /> Sr.Accounting Clerk 1.00 1.00 - - - -
<br /> Finance Total 4.00 4.00 4.00 4.00 5.00 5.00
<br /> DESCRIPTION OF SERVICES:
<br /> The Finance Department is responsible for financial reporting and budgeting,
<br /> assessments,cash receipts,accounts receivable,accounts payable,payroll
<br /> rocessin ,debt service management and investment of all city funds.
<br /> BUDGET HIGHLIGHTS
<br /> • Annual Audit-$13,000 increase(mini increase last 5 years)
<br /> • Market Rate Adjustments-From 2.09%-19.12%
<br /> • COLA&Steps
<br /> GOALS OF CURRENT YEAR BUDGET:
<br /> Continued long-term financial planning(5-Year Budget& 10-Year
<br /> CIP)
<br /> • Continued CAFR award recognition
<br /> Ensure compliance with state and federal laws
<br /> Performance Measurements:
<br /> 2020 Actual 2021 Actual 2022 Actual 2023 Actual 2024 Estimate 2025 Projected
<br /> Average Rate of Return 2.00% 1.53% 1.64% 2.92% 2.00% 2.00%
<br /> Bond Rating AA+ AA+ AA+ AA+ AA+ AA+
<br /> -1 6-
<br />
|