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Division: <br />Completed by: <br />Date: <br />Performance Measure 2021 Actual 2022 Actual 2023 Actual 2024 Estimated 2024 YTD 2025 Projected <br />City Bond Rating AA+AA+AA+AA+AA+AA+ <br />Avg Rate of Return to Maturity 1.54%4.92%4.72%4.90%5.14%4.90% <br />Accounts payable disbursements 4,575 4,663 4,421 4,550 1,848 4,675 <br />AP ACH vendors 176 ~ 205 ~280 350 318 400 <br />6/4/2024 <br />Division Performance Measures & Goals for 2025 <br />Finance <br />Ryan Vadnais <br />June 4, 2024 <br />Division Goal Goal Objective/Task <br />Provide meaningful and timely financial reports and information to Council and city departments <br />Ensure compliance with applicable federal/state laws and GASB auditing standards and reporting <br />requirements <br />Administer the reporting requirements of the ARPA funds <br />Efficient and effective processes <br />Employee development <br />Review effectiveness of internal controls and implement auditor recommendations <br />Enhance efficiencies and streamline operations with implementation of new financial software <br />Continue to develop a long-term financial management plan to provide financial sustainability for the city <br />Enhance employee development through conference and workshop attendance along with peer <br />networking opportunities <br />Cross training of finance department staff <br />Transparency of public finances <br />Continued participation in ACFR award program <br />Sustainable funding <br />Page 28 of 38