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Division:Completed by:Date:Performance Measure 2022 Actual 2023 Actual 2024 Actual 2025 Estimated 2025 YTD 2026 ProjectedCity bond ratingAA+ AA+ AA+ AA+ AA+ AA+Avg rate of return to maturity4.92% 4.72% 4.63% 4.50% 4.43% 4.50%Accounts payable disbursements 4,663 4,622 4,449 4,500 2,524 4,700AP ACH vendors ~205 ~280 ~365 400 ~370 400Performance Measures & Goals for 2026FinanceLori Stich, Finance Manager6/17/2025Division Goal Goal Objective/TaskProvide meaningful and timely financial reports and information to Council and city departmentsEnsure compliance with applicable federal/state laws and GASB auditing standards and reporting requirementsAdminister the final reporting requirements of the ARPA fundsEfficient and effective processesEmployee developmentReview effectiveness of internal controls and implement auditor recommendationsContinue to enhance efficiencies and streamline operationsContinue to develop a long-term financial management plan to provide financial sustainability for the cityEnhance employee development through conference and workshop attendance along with peer networking opportunitiesCross training of finance department staffTransparency of public financesContinued participation in ACFR award programSustainable fundingRedistribute work among staff to ensure timely completion of all tasksPage 34 of 42