City of Somerville FY22 Budget

Mission Statement

To protect the fiduciary interests of the City by providing independent, timely oversight of the City’s finances and by ensuring that financial transactions are executed legally, efficiently, and effectively. The Auditing Division serves as a barrier to potential fraud or misuse of city resources.

Personal Services Changes

Personal Services are projected up 24% for FY22.

The Budget Manager Position has been transferred from SomerStat to the Auditing department for FY22 as well as reclassified to become a Budget Director.

A new position is proposed for FY22, a Budget Analyst to support the increasingly complex budget development process as well as efforts around fiscal transparency and reporting, ongoing budget management, and capital planning.

The Director of Finance Position has been reclassified for FY22.

Changes in salaries are due to negotiated collective bargaining agreements and merit increases based on annual performance reviews.

Ordinary Maintenance Changes

Ordinary Maintenance costs are projected down 6% for FY22.

This is due to a reduction in the Accounting and Auditing line, offset by slight increases in Employee Training, Printing, Supplies, and Dues & Memberships.

FY22 Goals & Measures of Progress

GOAL 1: Update the 10-year General Fund projection of revenues and expenditures.

  • Complete by August 15, 2021.

GOAL 2: Implement debt management software capable of tracking type of debt, fund group, purpose of the issuance, and generating amortization and outstanding debt schedules.

  • Complete by September 30, 2021.

GOAL 3: Expand the Electronic Transfer Fund (ETF) Program by enrolling more vendors.

  • Enroll 100 vendors by June 30, 2022.

GOAL 4: Improve the transparency and accessibility of the City's budgeting, capital planning, and long-range forecasting.

  • Release an updated General Fund Capital Investment Plan including an online presentation with information on proposed projects during calendar year 2021.

FY22 Budget

Personnel Listing