FY 2012 Operating Budget and FY 2013-2017 Financial ... - Septa

Finance and Planning
CAPITAL BUDGET and GRANT DEVELOPMENT
Principal Responsibilities
Develop annual Capital Budget and the twelve-year Capital Program. Prepare, maintain
and execute and monitor federal, state and local grants from inception to grant close out.
Provide oversight and prepare analyses of the Vehicle Overhaul Program; Infrastructure
Safety Renewal Program; Regional Job Access and Reverse Commute and New
Freedom Programs. Also responsible for safety and security programs and other special
grant programs.
FINANCE ADMINISTRATION
Principal Responsibilities
Coordinate manages, and directs the activities of the Finance and Planning Division.
Oversee the development and implementation of the operating and capital budgets,
strategic business plans and sustainability plan. Manage financial reporting and
develops revenue strategies and fare policies. Coordinates all long range planning and
service planning initiatives. Coordinates the Authority's access to the capital markets for
proposed debt financing and leasing. Coordinates the strategic leverage of limited
resources to maintain a reasonable level of access to capital markets.
OPERATING BUDGET
Principal Responsibilities
Operating Budget - Develop a budget plan based upon an evaluation of each
department's operating needs in relation to the Authority's overall resources. Review and
modify the consolidated results of all proposals to ensure that projected expenditures are
balanced with projected revenues and subsidies. Develop annual Operating Budget and
multi-year financial forecast. Evaluate proposed financial commitments and personnel
requests on an ongoing basis to ensure sufficient funding and adherence to budget.
Oversee SEPTA's utility accounts, and review and approve utility bills. Conduct analysis
to track and forecast financial performance.
Reports & Systems - Maintain the Management Planning and Control (MPC) software
used to produce the annual operating budget at the expense object level and integrate
with the mainframe environment. Support and train the departmental users of the
budgeting system. Coordinate with Information Technology to produce, maintain and
distribute monthly and annual internal financial reports.
Specialized Support Assignments - Provides financial analysis and forecasting for
substantive financial issues impacting the Authority including labor negotiations, power
and fuel contracts, income generating contracts, etc. Provides financial analysis for
internal discussions and Board briefings.
SEPTA Fiscal Year 2012 Operating Budget 108