Page 172 - FY 2025 Adopted Operating Budget and Business Plan

General Fund Return to Table of Contents

FINANCE: April Nixon, Chief Financial Officer
Department Narrative Business Plan Goals and Objectives

The Finance Department provides support and • Goal: Ensure Availability of Information, Programs, and City Services
information to assist the City Manager and the o Objective: Provide for the Efficient Access and Appropriate
Mayor and City Council in management Management of the City’s Data
decision-making. The department facilitates o Objective: Implement New Technology
the development and tracking of the City’s o Objective: Increase Convenience for the Customer
business plan and performance-based budget • Goal: Continue Responsible Fiduciary Emphasis for the
and acts as a strategic partner with Organization and Council
departments to provide financial expertise and o Objective: Organize to Improve Operational Efficiency
guidance with City-wide impact. The • Goal: Promote Organization Sustainability by Recruiting, Retaining,
department is also responsible for preparing and Developing Outstanding Employees
the City’s Comprehensive Annual Financial o Objective: Foster and Maintain a Work and Learning
Report, processing payments to City vendors, Environment that is Inclusive, Welcoming, and Supportive
preparing City payroll, procuring goods and
services, monitoring consolidated tax Revenue Highlights
collection efforts, and directing the City’s cash
and debt portfolio management activities. • Interest Revenue $4,990,889
Divisions in the department include: • State Liquor Tax 3,011,412
Administration, Accounting, Purchasing, • Bingo Tax 122,513
Treasury Management, Payroll/Payables, and Total $8,124,814
the Office of Management & Budget.
Budget Highlights
At A Glance • New ED Analyst $87,528 (offset)
• 43 Authorized Positions • New Purchasing Contract Compliance Coordinator $91,507 (funded
• Budget Break Down in Water)
Personnel Services $4,845,412 • Increased Recurring Funding for Tarrant County Tax Collection
Operating Expenses 2,800,694 $10,000
Total $7,646,106 • Increased Recurring Funding for Tarrant Appraisal District
Assessment Services $174,137
• Increased Recurring Funding for Hotel Occupancy Tax
Administration $75,000 (HOT funded)

FY 2025 Adopted Budget and Business Plan 163 City of Arlington, Texas