Page 90 - GrapevineFY24 Adopted Budget

FY 2023-24 APPROVED OPERATING BUDGET
GENERAL FUND - FISCAL SERVICES
ACCOUNTING DIVISION SUMMARY
100-105-002

2020-21 2021-22 2022-23 2022-23 2023-24
EXPENDITURES BY OBJECT Actual Actual Budget Estimate Approved

Personnel 996,242 923,550 1,007,902 914,519 1,041,508
Supplies 6,968 10,409 7,000 6,986 7,000
Maintenance 790 995 2,000 1,996 4,000
Services 362,933 359,897 422,500 421,655 420,500

Total 1,366,933 1,294,851 1,439,402 1,345,156 1,473,008

OBJECTIVES

- Continue to meet payroll and accounts payable production with minimal rework and corrections. Staying current on federal and IRS guidelines
and apply these standards to the City's accounting system.
- Coordination and assistance to external auditors and final the audit in a manner with prior year's production and workpaper preparations for
external auditors.
- Control the disbursement of City funds by monitoring vendor payments to ensure discounts; processing check runs and promoting direct deposit
of payroll.
- Ensure adequate internal controls of City assets by reconciling bank and trust statements monthly, and ensure compliance with standards and
procedures established by City Charter, City Council and City Manager.

- Review and monitor the budgeted spending in Departments and ensure that they are consistent with City Manager's guidelines on spending and
budget management and are in compliance with State, Federal laws and bond guidelines.

2020-21 2021-22 2022-23 2022-23 2023-24
PERFORMANCE INDICATORS Actual Actual Budget Estimate Approved

Number of Payroll Checks Annually 22,500 23,150 23,150 25,798 26,000
Percent ACH to Total Payments 59.0% 60.0% 62.0% 60.0% 61.0%

# of Days to Pay P-Card 11.1 10.0 9.0 4.3 4.2

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