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 (see Other Functional Area, page D-122), 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 meet all payroll and related reporting deadlines accurately and timely
- To provide cost-effective document management services in support of County departments in a timely manner
- 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
2009 Adopted Uses: $3,798,917
2009 Adopted Revenues: $1,672,613
Department History of Uses
| Uses | 2006 Actual |
2007 Actual |
2008 Adopted |
2009 Adopted |
|---|---|---|---|---|
| Personnel | $ 2,616,721 | $2,809,328 | $2,881,375 | $2,903,894 |
| Commodities | 272,670 | 237,784 | 301,920 | 303,160 |
| Contractual | 439,125 | 491,259 | 539,861 | 538,563 |
| Operating Capital | 94,774 | 39,048 | 75,784 | 53,300 |
| Total Uses | $3,423,290 | $3,577,419 | $3,798,940 | $3,798,917 |
| Personnel FTE | 39 |
38 |
38 |
38 |
Significant Budget Issues
There are no significant budget issues to report.
History of Uses (in millions)
