Page 184 - CityofWataugaAdoptedBudgetFY25

FY2023 FY2024 FY2025
Measurement Strategic Goal Measure
Type Goal Actual Goal Actual Goal
Number of days to # 1. Maintain the
close bank accounts. financial strength of Efficiency 6 5 6 6 6
the City.
Received unmodified # 1. Maintain the
audit opinion. financial strength of Efficiency Yes Yes Yes Yes Yes
the City.
Received GFOA # 1. Maintain the
Certificate of financial strength of Efficiency Yes Yes Yes Yes Yes
Achievement Award. the City.
Received GFOA # 1. Maintain the
Distinguished Budget financial strength of Effectiveness Yes Yes Yes Yes Yes
Presentation Award. the City.
Maintain a Bond # 1. Maintain the
Rating of AA or financial strength of Efficiency AA AA AA AA AA
greater. the City.
# 4. Strengthen
future planning.
Maintain 1% or less of # 1. Maintain the
disbursements voided financial strength of Efficiency 1% <1% 1% <1% 1%
due to error. the City.
Maintain no material # 1. Maintain the
error on ACFR. financial strength of
the City. Efficiency None None None None None
Maintain a 99% timely # 1. Maintain the
payment to vendors financial strength of
within 30 days. the City. Efficiency 99% 95% 99% 98% 99%
# 7. Attract, retain,
and motivate
qualified staff.

Finance Department at a Glance

Location: FY2025 Budget: Full-time
Employees:
City Hall $650,660
4.70
7105 Whitley Road

164