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3. SR 07-27-2020
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3. SR 07-27-2020
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12/23/2020 3:49:41 PM
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7/24/2020 7:52:42 AM
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City Government
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7/27/2020
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Division Performance Measures & Goals for 2021 <br />Division:Finance <br />Completed by:Lori Ziemer <br />Performance Measure 2019 Actual2020 Estimated2021 Projected <br />City Bond RatingAA+AA+AA+ <br />Avg Rate of Return2.13%1.%1.25% <br />Accounts payable disbursements4,4594,5004,600 <br />AP ACH vendors40155175 <br />Division GoalGoal Objective/Task <br />Continued participation in CAFR & Budget award <br />programs <br />Provide meaningful and timely financial reports and <br />Transparency of public finances <br />information to Council and city departments <br />Ensure compliance with applicable federal/state <br />laws and GASB statements <br />Review effectiveness of internal controls and <br />implement auditor recommendations <br />Efficient and effective processes <br />Evaluate processes to take advantage of current <br />technology to enhance efficiencies and streamline <br />operations <br />Work with Administration to develop a funding plan <br />Sustainable capital funding <br />to provide financial sustainability for capital needs. <br />Enhance employee development for succession <br />planning <br />Employee development <br />Continue with cross training of critical areas in <br />finance (AP, payroll) <br />
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