FINANCE DEPARTMENT

2023-2025 Biennium Budget

OVERVIEW

Divided into three divisions, Finance Administration, Accounting, and Customer Service, the Finance Department is responsible for overseeing the fiscal health of the City. The Department accomplishes this by providing financial information, policy analysis, and recommendations that help the City Council, Standing Committees, and all City departments make decisions on how to best allocate and manage the City’s financial resources. The Customer Service division provides billing and collections for most services and taxes flowing through the City. Accounting and Administration provide support to operating departments with financial and operational analysis, procurement, and transaction processing and reporting.

ORGANIZATIONAL CHART

ACCOMPLISHMENTS

  • Completed the annual audit on time and in compliance with state and federal requirements.
  • On boarded new staff members to the team.
  • Awarded the Government Finance Officers Association (GFOA) Distinguished Budget Presentation award for the 31st year in a row.

GOALS AND OBJECTIVES


  • Implement additional software within our ERP system to help stream line internal processes, ie the Munis software.

  • Continue to improve communications of the City’s financial position on Open Gov.

  • Continue to support the self-serve options for the utility billing customers via quarterly communications.


*Photo by Jeffrey McFarland

Upper Lithia Bridge

SIGNIFICANT CHANGES FROM 2021-2023

  • Increased Banking Charges for citywide credit card processing
  • Increased Licensing costs in support of ERP software modules

BUDGET LINE ITEMS (EXPENDITURES)

BIENNIAL COMPARISON

PERS UNFUNDED ACTUARIAL LIABILITY