City of Irvine - Fiscal Year 2019-21 Proposed Budget

FINANCIAL MANAGEMENT & STRATEGIC PLANNING

ADMINISTRATION SUMMARY OF SERVICES

The Administration Division directs the day-to-day operations of all department functions. The division establishes and implements priorities, policies and procedures, and provides long-range planning for the department’s three other divisions: Fiscal Services, Budget and Purchasing. The Administration Division oversees accounting, payroll, accounts payable, purchasing, budget, treasury, and debt management. The division supports the Finance Commission and coordinates its activities and implements its directives.

Accomplishments 

The Fiscal Management & Strategic Planning Department directed resources towards accomplishing the City’s strategic priorities, with a concentrated effort on improving government effectiveness.  Implemented a City-wide comprehensive five-year financial plan by department.  Prudently monitored and managed the City’s major revenues and expenditures, and provided financial indicators to present a comprehensive view of the City’s financial health.  Effectively managed the City’s investment portfolio with a continued goal of increasing returns on investment.  Streamlined financial and business processes to maximize revenues, realize cost savings and improve customer service.

Performance Measures

2017-18 Actuals

2018-19 Estimate

2019-20 Budget

2020-21 Budget

Performance Measure

Target

Finance Commission meetings conducted

Investment Advisory Committee meetings conducted

Total Department General Fund Budget as a percentage of the citywide General Fund Budget Financial Management & Strategic Planning General Fund budget per capita Percent of public requests received and responsive records provided within legal timeframes

3.0%

$20.24

$18.78

$20.17

$20.24

$20.34

100%

136

FY 2019-21 Proposed Budget

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