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CITY OF FOREST HILL
FINANCE
FUND/ DEPARTMENT/ PROGRAM: 01‐06‐00
PROGRAM DESCRIPTION
The Finance Department is responsible for coordinating and maintaining comprehensive management of the City’s
financial activities to ensure proper use and investment of the City’s funds. The department is responsible for all of
the City’s accounting and financial reporting as well as providing timely budgetary and other financial information
to the community, City Council, management and various departments of the City.
MAJOR DEPARTMENT GOALS AND OBJECTIVES AS MEASURED BY WORKLOAD AND
PRODUCTIVITY MEASURES
Goal 1: Provide accurate and timely financial reporting.
Objective 1: Monitor and report the budgetary status of all revenues and expenditures monthly and
throughout the fiscal year.
Objective 2: Monitor and maintain a chart of accounts, general ledger and financial management
system for the timely recording of receipts and disbursements with reports distributed
in a timely manner.
Goal 2: Continue to improve annual audit and budget preparation processes
Objective 1: Coordinate annual audit for completion of the annual financial report within 120 days of
fiscal year end.
Objective 2: Prepare budget draft and file with City Secretary for public access within 30 days of
budget hearing before budget adoption.
Goal 3: Meet budgetary and financial reporting awards program criteria outlined by the Government Finance
Officers Association (GFOA).
Objective 1: Submit 2017‐2018 budget documents to GFOA for evaluation to receive the
GFOA Distinguished Budget Award.
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