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13 <br />4.0 FINANCE. <br /> 4.01 Overview. <br />The Finance Department is tasked with administering all the financial activities of the City. It also oversees the <br />City’s human resource functions and information technology systems. <br />4.02 Organization and Staff. <br />The department includes 4 Full-time employees: Finance Director, Accountant, IT Technician and Resource <br />Management Technician. 2023 saw staff turnover with the onboarding of a new Accountant and Resource <br />Management Technician and the farewell of Finance Director Ron Olson, retiring with over 26 years of service to <br />the City of Orono. <br />4.03 Budget . <br />In 2023, the 2024 budget was prepared by the department in conjunction with the budget committee. The city <br />was able to achieve the City Council goal of maintaining a level levy rate while providing the necessary resources <br />to maintain quality levels of service. The Tax Levy adopted, payable in 2024, is $9,415,100, with a tax capacity rate <br />of 16.324%. <br /> <br /> <br />175