FY 24-26 ADOPTED BUDGET

Finance (continued)

FY 2024 - 25 and 2025 - 26 Activity Goals • Continue the implementation of a new enterprise resource planning (ERP) solution, integrating the City ’ s finances, payroll, human resources, purchasing, and more. • Continue representation of Morgan Hill through participation in regional associations relating to Finance such as: Cal 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 • Continue timely preparation and reporting of the City ’ s financial and investment reports to keep City officials, Community and stakeholders informed on the financial health of the City. • Evaluate existing user fee schedules to ensure reasonable costs of providing services are appropriately assessed. • Seek federal and state grant funding available through the Federal Emergency Management Agency (FEMA), and other sources for the City resources expended in response to disaster. 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. Included in this budget are salary adjustments and/or reclassifications of certain positions to address retention and recruitment issues that have been impacting the City.

160 ADMINISTRATIVE SERVICES