Fiscal Services
Popular Annual Financial Report
Mission Statement
To provide an efficient cost-effective financial management system that facilitates sound financial planning and reporting while safeguarding the County’s assets from loss; and to provide support services to other County departments.
Disclaimer for Electronic Financial Statements
The financial statements presented here are for convenience and information
purposes only, and while reasonable efforts have been made to ensure the
integrity of such information, they should not be relied on. A copy of
the printed financial statements provided on request.
Overview
Fiscal Services is responsible for all accounting, budgeting, and payroll activities. The department processes payroll for County employees, all accounts payable, and some invoicing for accounts receivable for County departments. Fiscal Services is also responsible for preparing an annual financial overview of the County, and for securing an annual financial audit. The department’s budget division manages the development and maintenance of the County’s annual budget and Capital Improvement Program. Fiscal Services also provides oversight to the Central Services, Fleet Services, Risk Management, and Purchasing offices.
Strategic Goals
- Develop internal and external communications strategy
- Grow/enhance a participative employee culture
- Reduce cost of Kent County government operations
- Diversify sources of revenue.
Operational Goals
- To coordinate the County’s annual audit processes and ensure that a comprehensive annual financial report (CAFR) is available for distribution within the State mandated time frame
- To provide accurate and timely vendor and reimbursement payments
- To prepare and maintain an operating and capital improvement budget that is responsive to the needs of the County
- To provide accurate payroll information while meeting all federal, state and local reporting deadlines
- To provide cost-effective document management services in support of County departments in a timely manner
- To provide quality cost-effective procurement services to county departments
- To provide a vehicle and equipment repair program for County owned vehicles
- To provide a preventive maintenance program on a scheduled basis consistent with manufacturer and professional standards
2010 Adopted Uses: $3,453,822
2010 Adopted Revenues: $1,564,689
Department History of Uses
| Uses | 2007 Actual |
2008 Actual |
2009 Adopted |
2010 Adopted |
|---|---|---|---|---|
| Personnel | $ 2,809,327 | $2,854,834 | $2,903,894 | $2,704,117 |
| Commodities | 237,784 | 280,623 | 303,160 | 277,740 |
| Contractual | 491,259 | 464,141 | 538,563 | 439,3855 |
| Operating Capital | 39,048 | 54,464 | 53,300 | 32,580 |
| Total Uses | $3,577,419 | $3,654,062 | $3,798,917 | $3,453,822 |
| Personnel FTE | 38 |
38 |
38 |
34 |
Significant Budget Issues
There are no significant budget issues to report.
History of Uses (in millions)
