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Home My WebLink About10. 2011/2012 Finance Budgets la. CITY OF SHAKOPEE 2011 -2012 GENERAL FUND BUDGET DIVISION: FINANCE MISSION STATEMENT: Provide accurate and current financial and statistical data to internal departments and the City Council in a timely manner. Manage the City's financial assets effectively and efficiently. ACTIVITY: The major activities of the Finance Department encompass, accounts payable, cash management, accounts receivable, financial reports, special assessments, annual financial report, budget, insurance and many other of lesser importance. GOALS: 1. Provide accurate and timely information to management. 2. Complete the preparation of the City's budget and CAFR on time. 3. Provide quality overall financial services. MEASUREMENT OF GOALS: Cost per capita of Finance Dept. expenditures: (without lodging tax) Actual Budgeted Requested Requested 2009 2010 2011 2012 Expenditures $601,970 $652,100 $642,600 $654,540 Population 34,691 34,000 35,100 35,300 Expenditure /Capita $17.35 $19.18 $18.31 $18.54 Number of checks issued 3,741 3,800 3,800 3,800 Lodging tax not included in performance measures. Staff 2009 2010 2011 2012 Finance Director 1 1 1 1 Senior Accounting Clerk 1 1 .8 .8 Accounting Clerk 1 1 1 1 OBJECT DESCRIPTION: Description of lines items: Professional Services: Auditing services $39,000(2011) $40,000(2012), County TNT notices $3,100, investment safe keeping fees $4,000 cash manager fees $60,000 both offset by revenue, misc. services as needed $2,000, assessing contract with the county $181,600(2011) $190,000(2012) and county special assessment fees $1,000, OPEB update in 2013 $4,800. Software: Financial $41,900 ($43,160 in 2012), IT charges $4,730 ($5,090 in 2012). 10 -1 Finance 2011 -12 Budget 2011 2012 0151 0151 Object # Description Management Management 151 6002 Wages FT - Reg. 201,040 203,050 151 6005 Wages OT - Reg. 1,500 1,500 151 6015 Wages PT 151 6122 PERA 14,680 14,830 151 6124 FICA 15,500 15,660 151 6135 Health 24,200 29,030 151 6139 PEHP 900 900 151 6140 Life 1,000 1,000 151 6145 Dental 1,440 1,440 151 6170 Workers Comp 1,440 1,450 151 6180 Compensated Absences 6,000 6,000 151 6185 OPEB Total Personnel 267,700 274,860 151 6210 Office Supplies 3,000 3,000 151 6310 Attorney 600 620 151 6316 Equipment Maintenance 600 600 151 6320 Lodging Tax 152,000 161,500 151 6327 Other Prof Services 299,660 302,700 151 6332 Postage 2,060 1,500 151 6334 Telephone 400 400 151 6336 Printing /Publishing 1,000 2,000 151 6352 Liability Insurance 7,090 7,300 151 6356 Auto Insurance 10 10 151 6410 Software 46,590 47,780 151 6430 Building Rent (IS FUND) 12,540 12,400 151 6472 Conf / School / Training 400 400 151 6475 Travel /Subsistence 600 600 151 6480 Dues 350 370 Total Supplies & Services 526,900 541,180 151 6740 Capital Expenditures Total $ 794,600 $ 816,040 10 -2 R5509BUD SH005PV CITY OF SHAKOPEE 815/2010 13:40:27 By Co, Div (pb), Object (2 Yr Bdgt) - Portrait Budget Report Page - 1 Fiscal Period: 7 / 10 Level Of Rollup 6 2008 2009 7/31/2010 2010 2011 2012 Actual Actual YTD Final Proposed Proposed Object Code / Description Amount Amount Actual Budget Budget Budget 01000 GENERAL FUND 15 FINANCE 4000 REVENUES AND EXPENDITURES 4001 REVENUES 4005 TAXES 4010 PROPERTY TAX 193,797- 170,009- 71,393- 210,000- 160,000- 170,000- 4005 TAXES 193,797- 170,009- 71,393- 210,000- 160,000- 170,000- 4200 LICENSES AND PERMITS 4500 CHARGES FOR SERVICE 4510 ADMINISTRATIVE CHARGES 960- 960- 540- 840- 1,080- 1,080- 4821 FINES & FORFEITS 48,709- 49,000- 49,000- 4500 CHARGES FOR SERVICE 960- 49,669- 540- 840- 50,080- 50,080- 4001 REVENUES 194,757- 219,678- 71,933- 210,840- 210,080- 220,080- 6000 EXPENDITURES 6001 WAGES & BENEFITS 6002 WAGES 199,893 206,911 105,650 211,600 202,540 204,550 6100 BENEFITS 61,602 67,730 28,914 71,660 65,160 70,310 6001 WAGES & BENEFITS 261,496 274,641 134,564 283,260 267,700 274,860 6200 SUPPLIES AND SERVICES 6201 SUPPLIES & SERVICES 2,433 1,715 164 3,000 3,000 3,000 6300 PROFESSIONAL SERVICES 421,928 423,078 316,528 498,100 452,860 465,420 6330 COMMUNICATIONS 814 3,405 835 3,460 3,460 3,900 6350 INSURANCE 7,142 6,252 6,951 6,210 7,100 7,310 6400 RENTALS 49,002 52,545 34,768 56,720 59,130 60,180 6470 DUES/TRAINING/TRAVEL 1,188 1,211 454 1,350 1,350 1,370 6200 SUPPLIES AND SERVICES 482,506 488,206 359,700 568,840 526,900 541,180 6500 DEPRECIATION 6600 MISCELLANEOUS 6640 DESIGNATED MISCELLANEOUS 1 14 2 6600 MISCELLANEOUS 1 14 2 6700 CAPITAL OUTLAY 6800 DEBT SERVICE 6000 EXPENDITURES 744,003 762,861 494,265 852,100 794,600 816,040 4000 REVENUES AND EXPENDITURES 549,246 543,183 422,332 641,260 584,520 595,960 15 FINANCE 549,246 543,183 422,332 641,260 584,520 595,960 01000 GENERAL FUND 549,246 543,183 422,332 641,260 584,520 595,960 10 -3