AGENDA DATE: 9/4/2019
TITLE:
Title
Department of Finance FY19 Annual Report Presentation
BODY
SUBJECT/PROPOSAL/REQUEST: Overview of the role and metrics of the Department of Finance
ITEM TYPE: Regular Information Item
STAFF CONTACT(S): Richardson, Letteri, Lamb, Giacalone.
PRESENTER (S): Bill Letteri
LEGAL REVIEW: Not Required
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: The Department of Finance is among the County's largest and most diverse departments, providing a wide spectrum of services to our internal and external customers. Broadly, the department is responsible for all tax assessments, revenue collection, county disbursements, management of the county's financial resources, financial reporting and administration of payroll. The purpose of this presentation is to provide the Board and public an overview of the department's functions, metrics and strategies for addressing current and future needs and challenges.
STRATEGIC PLAN: Quality Government Operations: Ensure County government's capacity to provide high quality service that achieves community priorities.
DISCUSSION: The Department of Finance is comprised of four functional divisions, including Administration, Financial Management, Revenue Administration and Real Estate Assessment. Collectively, the divisions provide an array of fiscal services to our internal departments, schools, agencies and the public, including: Real Estate, Business and Personal Property tax assessment; tax collection; Investment and Debt management; Procurement; County Disbursements, Payroll Administration, Risk Management, Financial Accounting; and Revenue Forecasting. The objective of the Annual Report is to overview the functions and metrics of the Finance Departments; summarize recent efforts to improve the operations and efficiencies of the department; and to outline future challenges and strategic priorities for the department.
BUDGET IMPACT: None
RECOMMENDATION:
Recommendation
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