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2010 General Fund Operating Budget <br /> Departmental Summary <br /> Finance <br /> DEPT REQ DEPT REQ <br /> 2010 2010 DOLLAR % <br /> 2007 2008 2009 Y-T-D DEPT MGR 2010 INCR INCR <br /> ACTUAL ACTUAL BUDGET 2009 REQUEST RECOMMD ADOPTED D( ECR) D( ECR) <br /> Personal Services 189,527 238,088 280,230 120,497 290,432 0 0 10,202 3.64°/o <br /> Professional Services 5,075 0 5,400 0 0 0 0 (5,400) -100.00% <br /> Other Expenses 2,165 2,432 2,840 525 2,940 0 0 100 3.52% <br /> TOTAL FINANCE 196,767 240,520 288,470 121,022 293,372 0 0 4,902 1.70% <br /> PROGRAM DESCRIPTION &OBJECTIVES <br /> The Finance Department oversees the City's financial operations, insurances, and empioyee benefits. It is responsible for preparing the budget document <br /> and annual report in accordance with generally accepted financial principles. The City maintains a renewable contract agreement with a local audit firm <br /> to provide auditing services. <br /> OPERATING COST ACTIVITIES: <br /> ' Included in 'Personal Services' are the wages and employment taxes for the Finance Department Staff. A budgeted increase is included to provide <br /> Staff with a cost of living increase comparable to the national and local average. <br /> ' 'Professional Services' includes a portion of the costs associated with the contractual agreement with the auditors to provide audit services. <br /> " 'Other Expenses' includes training and development, and memberships in professional organizations for the Finance Staff. <br /> City of Orono- 2009 Budget Department Summary Page 5 <br /> � <br />