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OFFICE OF THE TREASURER
DEPARTMENT BUDGET SUMMARY
MISSION STATEMENT:
To receive, safeguard and disburse County funds.
In order that society can conduct
itself in a civilized manner, that the ends of justice can be served, and that
government can ensure the provision of services to its citizenry, it is the
mission of the Treasurer's Office, as defined by the Constitution of Virginia, to
receive or collect state and local taxes and other revenues; to safeguard
(i.e.; invest) the funds; and to disburse the funds in accord with the dictates
of the local governing body.
FY 2004
PRIORITIES:
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To maintain a high level of service in the processing
of information to and from the taxpayers of Arlington County.
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To improve the current level of collection of all
delinquent accounts and outstanding parking tickets and to maintain the current
low tax delinquency rates.
-
Continue to enhance the computer based cash register
system to improve productivity and to provide the best customer service
possible to the citizens.
-
To improve the current levels of banking and accounting
support and to continue the ongoing evaluation of investment policy and related
procedures.
PRINCIPAL PROGRAMS: The principal programs
of the Office of the Treasurer are:
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Administration/Special Projects
-
Accounting and Treasury Management
SIGNIFICANT
BUDGET CHANGES: The FY 2004 proposed budget for the
Office of the Treasurer is $4,747,171,which
reflecting a one percent7 increase over the FY 2003
adopted budget.
-
Because of state
budget cuts affecting funding for the Treasurer's Office, a reduction of
$10,539 was taken from expenditures and revenue from the adopted FY 2003
budget.
Expenditures reflect:
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Decreased funding in non-personnel due to state budget
cuts ($10,539).
-
Increased funding for materials and postage for the
permit parking program ($20,000).
Revenues reflect:
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Decreased State Compensation Board funding due to cuts
by the Governor's office.
-
Process and seizure fee revenue increased due to collection
efforts. Fees are charged to delinquent
taxpayers to cover administrative costs.
-
Decreased Parkulator revenue due to the unavailability
of a new in-car parking devices.
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DEPARTMENT
FINANCIAL SUMMARY
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FY 2002
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FY 2003
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FY 2004
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% Change:
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Actual
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Adopted
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Proposed
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'03 to '04
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Personnel
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$3,830,135
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$4,034,239
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$4,065,264
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1%
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Non-Personnel
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815,938
|
688,417
|
681,907
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-1%
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Total Expenditures
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4,646,073
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4,722,656
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4,747,171
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1%
|
|
|
|
|
|
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Fees
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360,073
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310,000
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260,000
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-16%
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Grants
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523,895
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530,622
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520,083
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-2%
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Total Revenues
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883,968
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840,622
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780,083
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-7%
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|
|
|
|
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Net Tax Support
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$3,762,105
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$3,882,034
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$3,967,088
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2%
|
|
|
|
|
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Authorized FTEs
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63.2
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63.2
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63.2
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|
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Frozen FTEs
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-
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-
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-
|
|
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Funded FTEs
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63.2
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63.2
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63.2
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FUTURE BUDGET CONSIDERATIONS: The
following factors may impact the Office of the Treasurer's budget in the
future:
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Status of PPTRA (Personal Property Tax Relief Act).
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Proposed reduction of funds allocated to the
Treasurer's Office by the State Compensation Board.
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Increase or
decrease in the number of vehicles registered in Arlington. This will affect the amount of PPTRA
(Personal Property Tax Relief Act) funds reimbursed by the Commonwealth.
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Systems
support for the Accounts Receivable system and other programming needs in the
Treasurer's Office.
PERFORMANCE MEASURES:
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FY
2001
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FY 2002
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FY 2003
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FY
2004
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FY
2004
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Actual
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Actual
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Estimate
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Estimate
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Target
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Mission Outcome Measures
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To promptly process and mail vehicle decals to
ensure taxpayers receive their decal within 7 days of payment
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20 days
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30 days
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7 days
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7 days
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7 days
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To effectively control the process of
individual billings to ensure the taxpayer received accurate information
within 30 days of the due date
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95%
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95%
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97%
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97%
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98%
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Total delinquent collections
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$34,146,954
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$38,133,593
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$39,200,000
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$41,990,000
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$41,990,000
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Bank reconciliation within accounting closing
date
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25%
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35%
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75%
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80%
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90%
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