Item Coversheet

Council Communication

Department: Finance
Case/Project No.:
Submitted by: Finance Department / Danielle BemisĀ 
Resolution 24-200
ITEM 4.B.
Council Action: 7/22/2024
Description

Resolution abolishing one Accountant II position and creating a new position of Internal Financial Auditor and Analyst within the Finance Department. 
Background/Discussion

The Finance Department has worked diligently over the last few years to evaluate the staffing needs of the department. The goal of the department is to provide advanced services to internal customers and strategically plan for current and future reporting both internally and externally, while understanding and implementing ever-changing GASB (Governmental Accounting Standards Board) regulations and maintaining standards set forth by GAAP (Generally Accepted Accounting Principles) and GAAFR (Governmental Accounting, Auditing, and Financial Reporting).

 

The proposed revised Finance Department organization chart is attached. With the potential for one additional change, the skillset with each position will allow the above mentioned goal to be met and allow the department to strategically focus on implementing analytical review and application of certified public accounting standards, guided by the skillset of a Certified Public Accountant (CPA). 

 

The FY2025 operating budget for the Finance Department encompasses available funds for this position. 

Recommendation

The FY2024 external audit is commencing. Staff is recommending approval of abolishing the Accountant II position and creating the Internal Financial Auditor and Analyst position to strategically set the City up for success immediately. 
ATTACHMENTS:
DescriptionTypeUpload Date
Resolution 24-200Resolution7/17/2024