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12-07-2020 Council Packet
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12-07-2020 Council Packet
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12/8/2020 10:09:30 AM
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2019 <br />Actual <br />2020 <br />Budget <br />2021 <br />Recommended <br />Dollar <br />Increase <br />(Decrease) <br />% <br />Increase <br />(Decrease) <br /> Personal Services 232,577 265,700 254,400 (11,300)‐4.25% <br /> Supplies & Maintenance 299 0 0 0 N/A <br /> Professional Services 4,900 5,000 5,000 0 0.00% <br /> Other Expenses 1,910 5,400 4,150 (1,250)‐23.15% <br />239,686 276,100 263,550 (12,550)‐4.55% <br />PROGRAM DESCRIPTION & OBJECTIVES <br />OPERATING COST ACTIVITIES: <br />*Personal Services include the wages and employment taxes for the Finance Department Staff. <br />Staff includes: Finance Director (90%) and Accountant <br />The Finance Department oversees the City's financial operations, insurances, and employee benefits. It is responsible for preparing the <br />budget document and annual report in accordance with generally accepted accounting principles. <br />*Other Expenses includes training and development, and memberships in professional organizations for the Finance Staff. <br />2021 General Fund Operating Budget <br />Finance Total <br />Departmental Summary <br />General Fund ‐ Finance Department ‐ General Government <br />41500 <br />City of Orono - 2021 Budget Page 72
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