Finance Department 2019/2020 Budget Request Presentation September - - PowerPoint PPT Presentation

▶

Jan 12, 2024 210 likes •352 views

City of West Richland Finance Department 2019/2020 Budget Request Presentation September 25, 2018 Presented by: Jessica Platt, Finance Director The Finance Department was awarded the Distinguished Budget Presentation Award for the 2017/2018 Budget

SLIDE 1

City of West Richland

Finance Department 2019/2020 Budget Request Presentation

September 25, 2018 Presented by: Jessica Platt, Finance Director

SLIDE 2

The Finance Department was awarded the Distinguished Budget Presentation Award for the 2017/2018 Budget from the Government Finance Officers Association.

SLIDE 3

SLIDE 4

Finance Director (1.0) Accounting Manager (1.0) Utility Billing Specialist (1.0) Utility Clerk (1.0) Administrative Assistant (1.0) Senior Accountant (1.0) Accounting Technician (2.0) Payroll (.5)

SLIDE 5

SLIDE 6

SLIDE 7

SLIDE 8

SFA 3 – Financial & Operational Effectiveness, Stability, & Accountability

Enhance Cash Flow Models/Long‐Term Financial Planning Model/ Investment Portfolio Fees for Service & Cost Recovery Budget Development and Monitoring/ Budget Award 2018 & 2019 Annual Financial Reports Monitor Cash Control Procedures & All Outstanding Debt Timely Processing

f Payroll, AR, AP,

and Utility Billing/Fixed Assets/Audit Utility Accounts Provide Excellent Customer Service Update Indirect Cost Allocation Plan

SLIDE 9

Note: The requested Accounting position was cut from the preliminary 19/20 budget in an effort to balance the budget.

SLIDE 10

SLIDE 11

SLIDE 12

2017/2018 Anticipated Actuals 2019/2020 Requested 2019/2020 Preliminary Salaries/Benefits $ 1,602,689 $ 1,970,975 $ 1,834,315 Office & Operating Supplies $ 14,400 $ 18,800 $ 14,800 Professional Services $ 150,750 $ 193,884 $ 162,787 Requested and Preliminary Interfund Charges for Services $ (844,677) $ (1,187,036) $ (1,093,581) Diff Total $ 923,161 $ 996,623 $ 918,320 (78,303)

SLIDE 13