Page 213 - NRH FY20 Approved Budget

DEPARTMENT / DIVISION FUND
BUDGET & RESEARCH – BUDGET GENERAL AND UTILITY FUND
PROGRAM NAME
BUDGET & RESEARCH
DESCRIPTION / MISSION
The Budget & Research Department is responsible for the preparation, development, and monitoring of the City's Annual Budget
and Capital Projects Budget. The Department strives to provide support to the City Manager's Office and City Council by providing
accurate and timely reporting, analysis, and research to assist in management decision-making. In addition to these primary
areas of responsibility the department is tasked with serving as the City's internal audit and tax administration.

GOALS
• To provide the highest level of service in administering the operating and capital budgets, monitoring financial performance, and
implementing innovative approaches toward budgeting. (Financial Stability)
• To prepare the budget in a timely manner with the highest level of quality. (Positive City Image)
• To provide accurate and timely analysis and research to the City Manager's Office and City Council. (Financial Stability)
• To provide objective and quality audits through-out City operations (Financial Stability)
• To stay up-to-date on issues effecting tax administration and to respond to citizen inquiries in a timely, friendly, and professional
manner. (Financial Stability)

OBJECTIVES
• Meet all budget calendar deadlines determined by State statute, City Charter, and Council and management direction.
• Obtain the Distinguished Budget Award from the Government Finance Officer’s Association’s (GFOA).
• Prepare monthly and quarterly financial reports for Management and City Council in a timely manner.
• Prepare an annual audit plan and complete all identified audit activities.
• Attend all pertinent meetings with the Tarrant County Appraisal District, Government Finance Officer Association of Texas
(GFOAT), and other relevant organizations as determined.

2017-18 2018-19 2019-20
PERFORMANCE MEASURES ACTUAL REVISED ESTIMATED
Goal: Financial Stability
# of financial reports produced 50.00 50.00 50.00
# of council agendas reviewed 22 22 22
# of budget transfers/revisions processed 136 136 136
% of budget calendar deadlines met 100.00% 100.00% 100.00%
% of financial statements/reports completed within 20 days of
accounting period close 100.00% 100.00% 100.00%
Receive GFOA Distinguished Budget Award Yes Yes Yes
Audit Plan Completed N/A Yes Yes

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