FINANCE

 

The City's Financial Officer, Ms. Jeri Norris, (281) 292-4648, Ext. 304, has been with the City since 2002. The Financial Officer's responsiblities include to plan, organize, direct and control the financial activities of the City, treasury, administer the bond indebtedness of the City, revenue collection, risk management and purchasing, and to assist the City Manager in coordinating the development, analysis and implementation of the annual City budget, as well as related duties as assigned.

In addition to keeping the City in a sound financial condition, the CFO prepares the annual budget, oversees the investments, keeps the books and financial records in excellent order for the annual audit. The CFO also oversees the Human Relations activities for the City to include revewing and preparation of recommendations to Council for employee health insurance and retirement programs.

BUDGET PROCESS

Cities and towns are financed in many different ways -- from how and when they set their budgets to how they spend money.

A budget is a plan of expected expenditures and outcomes for the upcoming fiscal year.  A local government’s fiscal year may or may not correspond to the calendar year. Although the details of the budget process vary significantly from city to city, there are four main stages in the process: preparation, approval, implementation and evaluation.  Budget preparation involves the development of expenditure estimates for departments in light of available revenues.  Following this, budget estimates are submitted to a council or board for approval in the form of appropriations.  Once approved, the adopted budget is then implemented by the departments across the year.  Finally, there is an evaluation stage, where the performance of governmental units in implementing their budgets is evaluated. 

City of Oak Ridge North's Operating Budgets:

2009 Budget
DRAFT 2009 Budget
2008 Budget
2007 Budget
2006 Budget
2005 Budget
2004 Budget