Adopted Budget Book FY 23-24 Final with TOC links - Flipbook - Page 180
FUND: GENERAL - 001
Finance Department Priorities, Strategies, Goals & Objectives
The Finance Department is committed to advancing the City’s Strategic Plan Priorities and Strategies.
Departmental performance measures include key performance indicators (KPIs) that track progress
toward short-term goals. The Finance Department demonstrates the impact of their activities on
the achievement of immediate goals, helping city officials make informed decisions about funding
and resource allocation for the long-term goals. The long-term goals, performance measures will
involve tracking trends and outcomes over a more extended period. The Goal #1’s with strategic
priorities #1 for Complete and Effective Government aims to offer exceptional, budget-wise public
services,the Strategic Plan’s Goal #3 for quality and cost-effective public services, the Finance
Department is geared up for a range of objectives listed below:
1. Excellence in Financial Reporting: In line with Goal #3’s emphasis, the Finance Department is
channeling efforts toward a prestigious achievement. With the objective of regaining recognition
by the Government Finance Officers Association (GFOA), the Department is striving to obtain the
Certificate of FinanceAchievement for Excellence in Financial Reporting for the Comprehensive
Annual Financial Report. This signifies departmental commitment to transparency, accuracy, and
exemplary financial practices.
2. Promoting Fiscal Responsibility: Pursuing these accolades translates into actively adhering to the
City’s vision of providing high-quality public services within prudent fiscal limits, further underscoring Goal #3’s significance.
3. Efficient Procurement: The division streamlined the procurement process, reducing paperwork
and processing times. This efficiency allowed for faster acquisition of goods and services, benefiting various City departments. The Finance department oversees the Procurement Division,
ensuring the security and protection of sensitive financial data for the City.
4. Embracing Technological Advancements: The Finance Department is actively integrating cuttingedge technology to enhance its operations and efficiency.
5. Innovative Solutions: The Department is committed to implementing technical innovations that
streamline financial processes, ensuring accuracy, speed, efficiency and transparency.
6. Digital Transformation: Through the adoption of advanced software and tools, the Department is
undergoing a digital transformation, enabling seamless financial management and reporting.
7. Enhancing Data Analysis: By leveraging data analytics tools, the Department aims to gain deeper
insights into financial trends, enabling better-informed decision-making.
8. Cybersecurity Integration: With the implementation of robust cybersecurity measures, the
Department ensures the safety of sensitive financial information. The Finance department oversees
the Information Technology Division, ensuring the security and protection of sensitive financial data
for the City.
9. Enhanced Reporting: Through technical innovations, the Department is improving the accuracy
and timeliness of financial reporting, fostering transparency and accountability.
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City of Eustis, Florida
Adopted Budget
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