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Home My WebLink About3.L. Finance (Voxland) 3.L, CITY OF SHAKO PEE 2007 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 cost effectively. 3. Provide quality overall financial services. MEASUREMENT OF GOALS: 1. Cost per capita of Finance Dept. expenditures: (without lodging tax) Actual Budgeted Requested 2005 2006 2007 Total Finance Expenditures $469,037 $523,020 $551,180 City Population 29,335 34,085 34,400 Cost Per Capita $ 15.99 $ 15.34 $ 16.02 OBJECT DESCRIPTION: Description of lines items: Wages & Benefits: Finance Director, Senior Accounting Clerk, Accounting Clerk. Professional Services: Auditing services $34,720 (total), County TNT notices $2,000, investment safe keeping fees $4,000 and cash manager fees $70,000 both offset by revenue, misc. services as needed $2,000, assessing contract with the county $132,900 and county special assessment fees $3,000. Lodging tax not included in performance measures $200,000. Rentals: LOGIS R5509BUD LOGIS005 CITY OF SHAKO PEE 8/10/2006 10:17:49 Fiscal Period: 6 / 06 Budget Report Page - 1 Level Of Rollup 7 2003 2004 2005 6/30/2006 2006 2007 2007 2007 Actual Actual Actual YTD Final Requested Approved Final Object Code / Description Amount Amount Amount Actual Budget Budget Budget Budget 01000 GENERAL FUND 15 FINANCE 6000 EXPENDITURES 6001 WAGES & BENEFITS 6002 WAGES 154,196 158,422 159,002 83,143 186,600 192,200 192,200 192,200 6002 WAGES 154,196 158,422 159,002 83,143 186,600 192,200 192,200 192,200 6100 BENEFITS 6122 PERA 8,527 8,761 8,917 4,975 11,200 12,010 12,010 12,010 6124 FICA 11,351 11,615 11,673 5,936 14,280 14,700 14,700 14,700 6135 HEA:LTH 16,475 18,814 18,849 9,012 23,730 22,500 22,500 22,500 6139 POST EMPLOYMENT HEALTH PLAN 895 927 868 402 900 900 900 900 6140 llFElLTD 729 772 758 363 870 870 870 870 6145 DENTAL 937 964 920 459 1,440 1,620 1,620 1,620 6170 WORKERS COMPENSATION 5n 509 685 743 750 800 800 800 6180 COMPENSATED ABSENCES 8,110 3,647 23,138 4,000 5,000 5,000 5,000 6100 BENEFITS 47,600 46,009 65,809 21,890 57,170 58,400 58,400 58,400 6001 WAGES & BENEFITS 201,796 204,431 224,811 105,033 243,nO 250,600 250,600 250,600 6200 SUPPLIES AND SERVICES 6201 SUPPLIES & SERVICES 6202 OPERATING SUPPLIES 415 415 415 480 6210 OFFICE SUPPLIES 1,830 1,731 2,780 453 4,000 4,000 4,000 4,000 6201 SUPPLIES & SERVICES 2,245 2,146 3,195 933 4,000 4,000 4,000 4,000 6300 PROFESSIONAL SERVICES 6310 ATTORNEY 362 337 300 600 600 600 6316 EQUIPMENT MAINTENANCE 242 369 500 500 500 500 6320 lODGING TAX 200,000 200,000 200,000 6327 OTHER PROF SERVICES 344,256 392,739 400,878 229,656 444,700 248,620 248,620 248,620 6300 PROFESSIONAL SERVICES 344,256 392,739 401,482 230,362 445,500 449,720 449,720 449,720 6330 COMMUNICATIONS 6334 TELEPHONE 449 432 429 180 500 500 500 500 6336 PRINTING/PUBLISHING 683 600 594 457 700 700 700 700 6330 COMMUNICATIONS 1,132 1,032 1,023 637 1,200 1,200 1,200 1,200 6350 INSURANCE 6352 LIABILITY 4,283 4,812 4,002 4,493 4,800 5,000 5,000 5,000 - R5509BUD LOGIS005 CITY OF SHAKO PEE 8/10/2006 10:17:49 Fiscal Period: 6 / 06 Budget Report Page - 2 Level Of Rollup 7 2003 2004 2005 6/30/2006 2006 2007 2007 2007 Actual Actual Actual YTD Final Requested Approved Final Object Code / Description Amount Amount Amount Actual Budget Budget Budget Budget 6356 AUTO 10 10 10 10 6350 INSURANCE 4,283 4,812 4,002 4,503 4,800 5,010 5,010 5,010 6400 RENTALS 6410 lOGIS 35,634 38,248 37,342 19,412 31,000 38,800 38,800 38,800 6400 RENTALS 35,634 38,248 37,342 19,412 31,000 38,800 38,800 38,800 6470 DUESITRAININGITRAVEl 6472 CONFERENCElSCHOOUTRAINING 348 200 200 1,500 1,000 1,000 1,000 6475 TRAVEUSUBSISTENCE 510 402 405 107 900 500 500 500 6480 DUES 235 240 245 210 350 350 350 350 6470 DUESITRAININGITRAVEl 1,093 842 850 317 2,750 1,850 1,850 1,850 6498 EXPENSE CHARGED BACK 8,000- 10,000- 10,000- 10,000- 6200 SUPPLIES AND SERVICES 380,642 429,818 437,893 256,164 479,250 500,580 500,580 500,580 6500 DEPRECIATION 6600 MISCELLANEOUS 6640 DESIGNATED MISCELLANEOUS 6660 CASH SHORT/OVER 16- 28- 8 2- 6640 DESIGNATED MISCELLANEOUS 16- 28- 8 2- 6600 MISCELLANEOUS 16- 28- 8 2- 6700 CAPITAL OUTLAY 6800 DEBT SERVICE 6840 DEBT SERVICE INTEREST 6000 EXPENDITURES 582,421 634,220 662,712 361,195 723,020 751,180 751,180 751,180 15 FINANCE 582,421 634,220 662,712 361,195 723,020 751,180 751,180 751,180 01000 GENERAL FUND 582,421 634,220 662,712 361,195 723,020 751,180 751,180 751,180 Finance 2006 Budget 0150 0151 Object # Description Benefits Management Total 6002 Wages FT - Reg. 192,200 192,200 6005 Wages OT - Reg. - 6015 Wages PT - Temp - 6122 PERA 12,010 12,010 6124 FICA 14,700 14,700 6126 ICMA ~ 6135 Health 22,500 22,500 6139 PEHP 900 900 6140 Life 870 870 6145 Dental 1,620 1,620 6170 Workers Comp 800 800 6180 Compensated Absences 5,000 5,000 6190 Retirement Benefit - Total Personnel 31,690 218,910 250,600 6210 Office Supplies 4,000 4,000 6215 Materials - 6222 Motor Fuels & Lubricants - 6230 Building Maintenance - 6240 Equipment Maintenance - 6310 Attorney 600 600 6312 Engineering Consultants - 6314 Computer Services - 6315 Building Maintenance - 6316 Equipment Maintenance 500 500 6318 Filiing Fees - 6320 Lodging Tax 200,000 200,000 6322 Pavement Preservation ~ 6327 Other Prof Services 248,620 248,620 6332 Postage - 6334 Telephone 500 500 6336 Printing/Publishing 700 700 6352 Liability Insurance 5,000 5,000 6356 Auto Insurance 10 10 6360 Utility Service - 6365 Gas - 6367 Refuse - 6400 Rentals - 6410 LOGIS 38,800 38,800 6420 Equipment Rent - 6425 Equipment Rent (IS FUND) - 6430 Building Rent (IS FUND) - 6435 Other Rent - 6472 Conf / School/Training 1,000 1,000 6475 Travel/Subsistence 500 500 6480 Dues 350 350 6490 Subscriptions/Publications - Total Supplies & Services - 500,580 500,580 6740 Capital Expenditures - 6498 Expenses Charged Back - ~ Total $ 31,690 $ 719,490 $ 751,180 2007 BUDGET Est. 2007 Pay 2007 With COL Inc Title/Description Step 3.0% FICA PERA Finance Director A $ 93,330 $ 7,140 $ 5,833 Sr Accounting Clerk A 51,799 3,963 3,237 Accounting Clerk A 47,069 3,601 2,942 Total Finance $ 192,198 $ 14,704 $ 12,012