FY 2025 BUDGET PRESENTATION - D430 TREASURER.PPTX
Extracted text (via pymupdf)
2812 characters
Name : Title : Date FY 2025 Budget Request John M. Allen, Treasurer Ingrid J. Garvey, Chief Deputy Treasurer Jordan P. Dale, Chief Of Staff January 24, 2024 Calendar Year 2023 Stats in Review • $198.3 million in portfolio interest earned • 51,728 pages scanned and indexed into OnBase • 423,531 financial disbursements processed for governmental entities • 56,441 property tax payments received at the front counter • 4,224 research requests processed FY 2025 Budget Request • No General Fund Operating requests above the base budget • Capital Projects • Anticipated launch in fall 2024 • No new funding requests • $400,000 mailing contingency carryforward • Update to budgeted department revenues • Qasimyar Project • Project has started • No new funding requests • Provide status updates to the Board of Supervisors Capital Improvement Projects • Maintain data on over 1.8 million parcels • Build property tax roll • Process property tax payments • Interface with Assessor GAMA system • Total multi-year budget of $35.6 million • $29.3 million spent as of December 31, 2023 • $6.3 million remaining for the project Property Tax Software Update (TTSU) Capital Improvement Projects • New website (eGov) • Utilizing contractors for user interface/user experience (UI/UX) • Website will offer new features and improved functionality • Total multi-year budget of $10.5 million (including project reserve funding) • $8.7 million spent as of December 31, 2023 • $1.8 million remaining for the project Website, OnBase, and Data Warehouse (TTS1/PRSC) Capital Improvement Projects • Replacing Microsoft Dynamics AX 2012 software • Used to track fund balances as well as incoming/outgoing monies • Will no longer be supported by Microsoft • Using Pinal County software solution • Fully integrated with property tax software • Journal entries, general ledger, and chart of accounts functionality • Total multi-year budget of $4 million • $3.2 million spent as of December 31, 2023 • $0.8 million remaining for the project Accounting Software Update (DYUP) General Fund Department Revenue • From public records requests, copying fees, and municipal court fees • Revenues have declined significantly • Biggest purchasers are utilizing data-sharing agreements • Budgeting at $0 in FY 2025 • Previously budgeted at $50 thousand annually Qasimyar Project (QMYR) • Implementation of Qasimyar et. al. v. Maricopa County court case • Process approximately one million property tax resolutions • Project is underway • Budget of $5.5 million • Mid-year appropriation adjustment approved on November 15, 2023 • $21 thousand spent as of December 31, 2023 • Carryforward unspent amount into FY 2025 Thank You John M. Allen, Treasurer Ingrid J. Garvey, Chief Deputy Treasurer Jordan P. Dale, Chief Of Staff January 24, 2024