HomeMy WebLinkAboutTreasurer 2015 Preliminary Budget NarrativeDEPARTMENT: Treasurer
ELECTED OFFICIAL/DEPARTMENT HEAD: Janet Holbrook
FUND TYPE: General
FUND NUMBER: 001-250-000
MISSION:
To manage public funds in a fiscally responsible and efficient and lawful manner, by applying sound accounting principles
and prudent decision making in an environment utilizing technology advances and providing excellent customer service that
meets the needs of citizens we support.
2015 GOALS
1. Continue implementing and properly utilizing all facets of PACs system.
2. Continue implementation of Real Estate Excise Tax (REET) automation process through PACs
3. Maximize investment earnings.
4. Explore new software for accounting, investments, bonds and LID’s to replace Compu-tech
Budget Changes
Again in 2015 labor, medical benefits and retirement cost have risen.
Technology and automation, while providing more flexibility and adaptability, comes with additional costs. Annual
maintenance on PACs, continue to rise. With the advent of our new annual revaluation and taxation system (mandated by the
state), our bill creation and presentation has become more complex and costly. Utilizing a printing and mailing service was
necessary to both handle the volume and corral the postage costs. I have also increased the budget for travel, with the election
of a new treasurer more schooling and travel will be needed for her, plus office staff training needs has been neglected. We
have also been using O & M to offset some of these costs which has jeopardized its reserves.
REVENUE: 2012
Actual
2013
Actual
2014
Adopted
2015
Request
See revenue worksheets
13,213,517 14,271,676 13,941,305 14,384,279
EXPENDITURES: 2012
Actual
2013
Actual
2014
Adopted
2015
Request
Salaries
Benefits
Supplies
Other Services
Total
250,778
77,142
6,008
19,645
353,573
255,887
81,005
11,800
17,360
366,052
260,918
88,729
3,800
43,760
397,207
265,987
95,865
5,203
45,490
412,545
STAFFING: 2012
Actual
2013
Actual
2014
Adopted
2015
Request
4.59 4.3 4.3 4.3