1. Financial and IT Services
2019 Budget Presentation

2. Core Services/Service Areas
Financial Stewardship
Statutory Reporting
Long Term Financial Planning
Risk Management
Information Technology
Financial and IT Services

3. 2018 Budget Summary Total FTE = 11 Capital Budget = $213,600
Operating Revenue = $29,171,849
Operating Expenditures = $1,864,476
Financial and IT Services

4. 2019 Strategic Priorities
Strengthen the Health and Liveability of the Community
Encourage a Resilient and Diverse Economic Environment
Efficiently and Effectively Provide Local Services and Infrastructure
Achieve Excellence in Public Service

5. 2018 Achievements
Completed accounting, statutory reporting, and budgeting of $42.4 million in annual revenues, expenditures and transfers
Managed $47 million in investments to balance returns and liquidity and to provide additional income for operating and reserve fund accounts
Rolled out new desktop environment to all staff
Upgraded wireless network infrastructure within all municipal facilities
Financial and IT Services

6. Key Challenges Long Range Infrastructure Planning
Costs/Benefits of Increased Customer Service
Succession Planning
IT Capacity for Innovation
Changing Technology and Customer Demands
Demands for Increased Automation
Financial and IT Services

7. 2019 Initiatives
Explore opportunities for online applications and payments
Development of asset management strategy and plans
Upgrade network applications
Increase public and staff awareness of the budget and property taxation processes
Implement Employee Self Service Functionality
Financial and IT Services