2009 Kitsap County Budget Book - Kitsap County Government

TREASURER
• Redeems warrants and reconcile warrants issued daily.
• Distributes tax proceeds and miscellaneous revenue to the state and cities monthly.
• Produce monthly report of cash activity.
• Long Term Debt: Establish and maintain payment schedules for numerous bond issues and loans, remit monies to
contracted Fiscal Agent.
• Actively manage $360 million for 224 participating funds. Distributes interest on monthly basis. Portfolio management
practice has added approximately $21,773,000 in additional returns since January 1999. All undirected fund balances are
invested on behalf of the County’s current expense fund (RCW 36.29.020).
Initiatives:
1. Utilize local lockbox services for processing of mass tax collection.
2. Maximize the value of investing in Kitsap County Investment Pool.
3. Utilize latest banking advancement for collecting and distributing funds.
Expenditures:
PROGRAM BUDGET
Revenues
2009 Budget
Beginning Fund Balance $ -
Taxes 2,265,000
Intergovernmental -
Charges for Services 80,000
Miscellaneous 1,709,500
Other Sources -
TOTAL $4,054,500
Expenses
2009 Budget
Salaries $ 550,765
Benefits 204,729
Supplies 21,428
Services & Charges 54,054
Capital Outlay -
Interfund Services 85,735
TOTAL $ 916,711
STAFFING LEVEL
Full Time Equivalents 2009
Funded 12.75
Unfunded 0
DEPARTMENT BUDGET
2006
Actual
2007
Actual
2008
Actual
2009
Budget
Salaries $ 601,356 $ 562,524 $ 569,378 $ 550,765
Benefits 208,988 192,417 194,438 204,729
Supplies 50,393 24,448 28,033 21,428
Services & Charges 53,729 61,549 54,054 54,054
Intergovernmental - - - -
Capital Outlay - - - -
Interfund Services 74,668 75,658 73,179 85,735
TOTAL $ 989,134 $ 916,596 $ 919,082 $ 916,711
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