Percent compliance with establishing and maintaining a computerized Budget & Finance System that meets the Budgeting Accounting & Reporting System (BARS) requirements of the Washington State Auditor’s Officer for Fire Districts.
100
Percent compliance with establishing a custodian for each budget line item in accordance with District Procedure #2-10 Finance.
100
Percent compliance with establishing a procedural system for the authorization and purchase of goods, services and products for the District.
100
Percent compliance with maintaining a cash flow balance of receipts and distributions in which the monthly goal of 8.3% accumulative spending is not exceeded.
100
Percent compliance with the preparation and adoption of an annual budget which establishes the revenue and expenditures for individual accounts maintained by the District. (General Expense Fund, Bond Fund, Apparatus Replacement Fund, Construction Fund and Reserve Fund).
100
Percent compliance with generating a monthly Account Balance Report which includes the account code, account title, budget amount, spent to date amount, balance, and percentage used.
100
Percent compliance with obtaining a certified audit (currently required biennially) for each individual account fund through the Washington State Auditor’s Office. (General Expense Fund, Bond Fund, Apparatus Replacement Fund, Construction Fund and Reserve Fund).
100
Percent compliance with the requirements for annual submission of the Fire District Tax Revenue Certification and Authorization of Levy Increase Board Resolutions to the Snohomish County Auditor’s Office.
100
Percent compliance with the distribution and transfer of funds between accounts as planned and authorized by the Board of Fire Commissioners.
100
Percent compliance with producing and submitting an Annual Financial Report to the Washington State Auditor’s Office within 180 calendar days after the end of each year.
100
Percent compliance with performing a quarterly budget review with appropriate adjustments made to line items.
100
Percent compliance with maintaining and administrating service and lease contracts that provide operating revenue to the District. (Mill Creek, cellular towers, EMS Billing Office Users)
100
Overall Percent Compliance by Year:
100
What does this measure tell us?
This measure outlines the components necessary to have a sound financial plan which provides for District expenses associated with its overall mission. Together with internal procedures and the requirements of the Washington State Auditor’s Office, citizens can be assured that their tax dollars are being used for their intended purposes.
