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City of Homer Finance Department |
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Budget Directory
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DESCRIPTION OF BUDGET DOCUMENT The budget document is divided into several sections. The first part of the budget is the
introduction, which includes the table of contents, narratives about the
budget document, budget process and fund structure. The next section is the overview. In this section the reader can see the
combined budget for all fund types, and graphic presentations of the total
government expenditures and revenues. The overview information is a
recapitulation of detailed data presented later in the budget document. Its purpose is to give the reader an
understanding of the overall financial activities and structure of the City
without having to sift through the many pages of detailed information. Following the overview are sections for each type of fund,
beginning with the General Fund and followed by the enterprise funds, project
funds, debt service fund, and internal service fund. Each section provides detailed information
on revenues and expenditures for each fund within the fund type. Each fund,
or department/division within a fund, has a page of narrative which describes
the general and specific objectives of the fund, proposed program changes,
and explanation of changes in particular accounts. There is also a page detailing the
expenditures by account number.
Expenditure information includes the Council’s adopted or amended
appropriation and historical information from three prior fiscal years. The Vehicle Replacement Fund is included in the project
funds, the Health Insurance Reserves are in the internal service fund
section. The Water, Sewer and Port
& Harbor are included in the enterprise funds section. Under the heading of Appendix, the reader will find the organizational charts, an employee range classification, an hourly salary schedule, the number of authorized employees by department, a chart of accounts, and a glossary of terminology. Each department has a comparison of three prior fiscal years personnel with the council approved personnel for proposed fiscal year personnel. |
