ADMINISTRATIVE SERVICES
FISCAL SERVICES SUMMARY OF SERVICES
The Fiscal Services Division provides timely, accurate, and complete financial information to all City departments as well as the community at large. The Division administers fiscal policy and procedures, maintains internal control over financial reporting, and ensures compliance with rules and regulations at local, state, and federal levels in regards to financial operations. The Division manages and accounts for all City’s financial transactions through the Accounting Operations, Financial Reporting, Payroll , and Treasury sections. Specific functions include: annual financial report preparation; financial analysis and account reconciliation; financial and compliance audits; financial administration of grants and internal service funds; financial system security and enhancements; treasury portfolio administration; receipt, custody, and recordation of all revenues; banking services; accounts receivable; accounts payable; issuance and administration of City-issued debt; and financial planning support. Accomplishments Received the Government Finance Officers Association’s “Certificate of Achievement for Excellence in Financial Reporting” for the 43 rd consecutive year. Successfully issued 5,183 Assessment District Refund checks to residents for over-collection of special assessment. Completed a business process review and identified key areas for enhancements for financial system upgrade.
Performance Measures
Dept Goal
2020-21 Actuals
2021-22 Actuals
2022-23 Estimates
2023-24 Budget
Performance Measure
Target
Reports filed with State Controller on time
100%
100%
100%
100%
100%
III
Number of Government Finance Officers Association award for excellence in financial reporting
1
1
1
1
1
III
FY 2023-25 Adopted Budget
133
Made with FlippingBook interactive PDF creator