FY25 GFOA Budget - Flipbook - Page 54
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PERFORMANCE METRICS
CAPITAL PLANNING & FUNDING
Administration: Performance metrics in this section detail efforts the District’s administration has made towards maintaining
fiscal responsibility and promoting economic development to improve operational capacity. This task is primarily assigned to
the District’s finance team, but there are a few items that administration oversees to contribute to this venture. Bond ratings
are a reflection of fiscal stability, the GFOA presentation is a reflection of transparency and community engagement, and an
annual review of the District’s financial policies indicates a dedicated effort to ensure compliance during the budgeting
process. This is important for residents, because it reflects trustworthiness on behalf of the District, and promotes the fact that
taxpayer dollars are being utilized as advertised.
Finance: Performance metrics in this section address the District’s ability to follow best practices for budgeting and
accounting. Items such as the percentage difference between budgeted and actual revenues and expenditures displays the
District’s success in fiscally responsible budgeting. Furthermore, the District’s ability to meet minimum fund balance
requirements illustrates a concerted effort to budget appropriately for both short and long-term expenditures. This is
important for residents, because it communicates a proper use of taxpayer dollars and a consistent ability to fund and provide
quality service delivery.
P a g e 54 | BARTLETT FIRE PROTECTION DISTRICT | INTRODUCTION
