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. The skillset with each position will allow the above mentioned goal to be met and allow the department to strategically focus on developing areas within the team to meet the city's mission and continue to improve processes to better serve internal and external customers and regulatory requirements.
The FY2025 operating budget for the Finance Department encompasses available funds for this position.