Page 148 - Microsoft Word - FY 2020 Adopted Budget Document

General Fund

Scorecard
Finance FY 2017 FY 2018 FY 2019 FY 2020
Key Measures Actual Actual Estimate Target
Debt service expenditures to total expenditures of
GF plus Debt Service 17% 16% 16.9% 17.5%
Net tax-supported debt per capita $997 $1,064 $1,111 $1,147
Net debt to assessed valuation 1.79% 1.74% 1.65% 1.66%
CAFR with "clean opinion" Yes Yes Yes Yes
GFOA Certificate for Excellence – Accounting Yes Yes Yes Yes
GFOA Certificate for Excellence – Budget Yes Yes Yes Yes
Achievement of Excellence in Procurement Yes Yes Yes Yes
Rating agencies ratings on City debt Affirm & Affirm &
Upgrade Upgrade Affirm Affirm
Compliance with debt policy benchmarks 100% 100% 100% 100%
Actual Revenue % of variance from estimates 0.33% 0.47% 0.6% 0.6%
Maintain Texas Transparency Stars (5 Stars:
Traditional Finance, Contracts and Procurement,
Public Pensions, Debt Obligation, and Economic
Development) 5 Stars 5 Stars 5 Stars 5 Stars
MWBE Participation: Good-faith effort on applicable
City procurements to include construction and New Measure
professional services in FY 2018 19% 15% 25%
Annual percentage of best value awarded contracts New Measure in FY 2020 25%
Annual procurement cycle from sourcing process to
contract execution < 90 days New Measure in FY 2020 50%

Finance Expenditures

Actual Budgeted Estimated Adopted
FY 2018 FY 2019 FY 2019 FY 2020
Administration $ 779,078 $ 824,622 $ 870,934 $ 867,666
Accounting 854,591 888,073 915,467 996,769
Purchasing 719,720 1,204,119 1,156,754 786,478
Treasury 1,808,804 1,966,487 1,973,487 1,977,397
Payroll/Payables 504,377 585,228 539,986 575,567
Office of Management and Budget 716,538 868,428 771,620 763,302
TOTAL $ 5,383,108 $ 6,336,957 $ 6,228,249 $ 5,967,178

Authorized Positions and Expenditures by Category

Actual Budgeted Estimated Adopted
FY 2018 FY 2019 FY 2019 FY 2020
Authorized Positions 35 35 36 36

Personnel Services $ 3,146,973 $ 3,704,594 $ 3,621,971 $ 3,807,051
Operating Expenses 2,236,135 2,632,363 2,606,279 2,160,127
Capital Outlay - - - -
TOTAL $ 5,383,108 $ 6,336,957 $ 6,228,249 $ 5,967,178

2020 Adopted Budget and Business Plan 135 City of Arlington, Texas