FY25 GFOA Budget - Flipbook - Page 53
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PERFORMANCE METRICS
Strategic Goal: Capital
Planning & Funding
Departments
Individual
Addressing Goal Department Goals
Administration
Maintain fiscal
responsibility and
promote economic
development
Department
Objectives
Performance
Metrics
FY23
Actual
FY24
Estimate
FY25
Projection
Complete the GFOA
budget presentation in
Q1, and receive GFOA
budget presentation
award in FY25
Did the District
complete the budget
presentation on time
and receive the GFOA
budget award?
Yes, Yes
Yes, Yes
Yes, Yes
Maintain or increase Did the District maintain
Yes (Maintained Yes (Maintained Yes (Maintained
District's AA bond
or increase its bond
AA)
AA)
AA)
rating in FY25
rating in FY25?
Maintain, at minimum,
Did the District conduct
an annual review of the
an annual review of its
District's financial
financial policies prior
policies by the end of
to Q3?
Q2
Yes (1)
Yes (1)
Yes (1)
Did the District receive
the GFOA award for its
CAFR in FY25?
Yes
Yes
Yes
Budget revenues to be
Maintain fiscal
within 5% of actual
responsibility and
revenues in FY25
follow best practices Major fund balances
for budgeting and both meet District goal
accounting
of ≥25% in reserve for
FY25
Percentage difference
between budget and
actual (or estimate)
6%
3%
3%
No, General
(23%) &
Ambulance
(34%)
No, General (%)
& Ambulance
(%)
Yes, General
(26%) &
Ambulance
(29%)
Budget expenditures to
be within 5% of actual
expenditures in FY25
Percentage difference
between budget and
actual (or estimate)
2%
3%
3%
Receive GFOA award
for CAFR in FY25
Finance
Are the General and
Ambulance fund
balances both ≥25%?
P a g e 53 | BARTLETT FIRE PROTECTION DISTRICT | INTRODUCTION
