Agenda Packets - 1993/11/01 - Laserfiche WebLink

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DEPARTAENT.0 BL"DGET NARRATIVE FIND: General DEEARmtM-I: Finance ' t t�l _ '.l -04 To provide financial planning financial reporting and accounting services to the City Council, Cleric -Administrator and Department Heads. The Finance Department oversees and coordinates the financial activities of the City. Activities include: preparation of the Long -Term Financial Plan and Annual Badger preparation of monthly and annual financial reports. accounting services. investments, management of insurance proerams. debt management, and otersees the Ciry's general purchasing program. DFP4R I1d I C'.C)AIS The overall goal of the Finance Department is to efficiendv collect and receipt monies due to the City, to promptly pay the City's obligations, to inform the Council and residents of the results of those financial activities through the preparation of timelv and accurate financial reports, and to assist the City Council and City Staff in financial planning. DFP^ \RTNIEn' E\PFVDM.:RF CY)yfr IZM Personnel services costs account for approximately 85co of the Finance Department Budger. Staffing levels remain unchanged from the previous year. Staff consists of the Finance Director. an Accountant. lEttL'ry Accounting nun gr(�domthWter and Sewer Funds). and anAccountinClerk (paid Clerk Department Water Fund 25C'o and Setter Fund The remainder of the budget is fcr printing of checks. forms. budgrt books, auditing services and training. Professional services has increased S950 to cover increased costs of roc annual audit. Printing has been decreased by S1,147 due to having budget books photocopied instead of being printed. Memberships has been increased S1,110 because the Ciry's membership in the Computoservice, Inc. Users Group is now budgeted in the Finance Department rather than in Central Services as it had been in the past.