FY 2018-19 and 2019-20 Adopted Operating and CIP Budget

Finance (continued)

FY 2018-19 and 2019-20 Activity Goals • Continue to work with various departments and consultant to complete the Development Impact Fee Update (Maintain Fiscal Responsibility, Financial Stewardship) • Continue to safeguard the City’s assets and maintain and implement appropriate controls to ensure financial compliance with regulations (Maintain Fiscal Responsibility, Financial Stewardship) • Continue the City tradition of developing a prudent and balanced budget with effective long- term financial planning (Maintain Fiscal Responsibility, Financial Stewardship) • Continue representation of Morgan Hill through participation in regional associations relating to Finance such as: League of California Cities, California Society of Municipal Finance Officers, California Municipal Revenue and Tax Association, Association for Government Accountants (AGA), and County of Santa Clara Finance Officers Group (Regional Initiatives) • Continue to be transparent by posting City employee compensation by employee name and by compensation element, on the City’s website within three months after calendar year end (Preserving and Cultivating Public Trust) • Continue timely preparing and reporting of City’s financial and investment reports to keep City officials, community, and other stakeholders informed on the financial health of the City (Preserving and Cultivating Public Trust)

Financial Comments Finance is a division of the Administrative Services Department and is funded in part by the general fund, and through the general fund administrative cost allocation plan.

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ADMINISTRATIVE SERVICES