Page 66 - HaltomCityFY25Budget

City Of Haltom City Annual Budget, FY2025 General Fund

FINANCE

Objectives for FY2025

• Receive an unmodified (“clean”) opinion on the Annual Comprehensive Financial Report (ACFR).
• Maintain the high standard and level of financial reporting for obtaining GFOA “Certificate of
Achievement for Excellence in Financial Reporting”.
• Maintain the high standard and level of the annual budget document for obtaining GFOA
“Distinguished Budget Presentation Award”.
• Monitor and maintain updated financial policies and procedures by regularly reviewing and
incorporating legal and operational changes to ensure proper compliance.
• Maintain and monitor the Haltom City Revenue Fee Schedule.
• Work with other departments to improve the City’s inventory process.
• Complete the digitizing of financial records to lower the space necessary to maintain required record
retention.
• Continue to streamline the new Utility Billing system to improve customer billing, payment and data
processes as part of the Incode transition.
• Continue to review and request current vendor information to ensure accurate W2 distribution, as
is legally required.
• Continue to improve the budget reporting process for effeciencies and accuracies.
• Increase City’s credit rating.

Actual Adopted Projected Adopted
EXPENDITURES FY 2023 FY 2024 FY 2024 FY 2025
Personnel $596,439 $817,288 $817,288 $850,245
Operations 44,808 235,550 229,900 246,400
Total $641,247 $1,052,838 $1,047,188 $1,096,645

Actual Adopted Projected Adopted
STAFFING Class Range FY 2023 FY 2024 FY 2024 FY 2025
Director of Finance 2101 87 1 1 1 1
Assistant Director of Finance/Controller 2102 71 1 1 1 1
Purchasing Agent 2401 61 1 1 1 1
Budget Manager 2201 67 1 1 1 1
Senior Accountant 2203 63 0 1 1 1
Account Technician 2202 43 1 1 1 1
Total 5 6 6 6