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Finance
City of Montpelier FY2008 Audit Report - 674 KB, 58 pages  City of Montpelier FY2007 Audit Report - 588 KB, 55 pages Financial Management & Administrative Services
The Montpelier Finance Department is responsible for maintaining the accounting, payroll, payables, insurance and billing programs for the City of Montpelier. The Finance Department provides regular financial information to Department Heads, the City Manager, the Council and residents. Our department also prepares the annual City budget, manages human resources and coordinates the annual audit. Budget information can be found online at: http://www.montpelier-vt.org/budgetThe City of Montpelier Annual Audit can be found online at: http://www.montpelier-vt.org/financeThe City of Montpelier has 30 active funds, 10 departments and 4 labor contracts/employee plans. There is $49 million dollars invested in fixed assets financed by 31 loans that total $22 million dollars. The annual operating budgets for the City’s governmental and business-type activities total $16 million dollars. The City Council receives monthly budget reports and monitors actual results compared to budget. The department relies on Sharon Blatchford, Human Resources & Accounting Specialist, Donna Collette, Accounting Clerk and a contract with Fothergill Segale & Valley CPA firm to perform the responsibilities of the department. Sharon, a thirty-year veteran, provides in-depth employee benefits administration, payroll and accounts payable administration. We are also fortunate to have the support services of Donna Collette, who provides accounts payable, backup assistance for payroll and clerical support. Penny Bullard, representative for Fothergill Segale & Valley CPA firm maintains the general ledger and oversees the subsidiary ledgers. We also work closely with Charlotte Hoyt, City Clerk – Treasurer and her staff to make the City of Montpelier’s financial management system as efficient and effective as possible. Fred Skeels, Information Technology & Communication Manager works with Nick Daniels, Technology Technician, to maintain the citywide computer, network and telephone technology services. During my three years as the City’s Finance Director, the City faced many financial challenges as we strive to minimize the effects of ever increasing operating and infrastructure costs, unfunded state and federal regulations, and the extremes of Vermont’s weather. And, the difficulty only increases with the recent economic downturn. Employee benefit costs are reaching unacceptable levels. Our aging roads, drainage systems, buildings, sewer and water facilities all present immediate needs for improvements. In each of the last few years, the City faced unexpected costs caused by natural events including the Elm Street landslide, the river’s dangerous flood conditions, and unusual winter snow conditions. This year, a summer storm caused $300,000 in damage to our streets and drainage systems. Our efforts to maximize non-property tax revenue and carefully manage expenditures become increasingly important as the City faces the financial challenges ahead. I appreciate the support that the Finance Department receives from the City Council and Bill Fraser, City Manager. Our office is located in City Hall and is open Monday-Friday from 8:00 AM to 4:30 PM. We welcome city residents’ questions, comments and concerns. If I can be of service, do not hesitate to call me at the office (223-9514) or e- mail: sgallup@montpelier-vt.org SANDRA J. GALLUP, Finance Director Information System Division This Division is a part of the Finance Department and provides support for all municipal departments with information systems and technology. This support starts with the service and maintenance of our existing technology and continues with forecasting and implementation of upgrades to our existing technical systems and new applications. This fiscal year, July 2007 through June of 2008, provided several upgrades to existing technology over several departments. The most significant was the conversion of the electronic mail system from Novell GroupWise to Microsoft Exchange. The City’s Wide Area Network is possible though a T1 (provided by SoVerNet through FairPoint) and a point to point wireless system provided by Montpelier Net. This communication network between City Hall and the outlying facilities of the Public Works Garage, Waste Water Treatment Plant and Water Filtration Facility in Berlin is configured to enhance the secure management of the water and waste water systems and radio communications between the garage and various mobile units. The City continues to maintain its communication link with the local and world wide community via the internet. This powerful communication and research tool also provides increasing levels of risk for the City’s hardware, software and data. Our goal is to provide the City an adequate level of security. The City continues to maintain a sophisticated firewall, virus protection standards and redundant daily full system backups will insure the integrity and continued performance of the network and its applications. Contacts
Updated February 25, 2009 |
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