2018 - 2022 FINAL Financial Plan (interactive version)

FINANCE

PERFORMANCE MEASURES The following table identifies key performance measures that will assist the Finance Department in tracking its progress and monitoring its contribution to building a sustainable Surrey.

Budget

Performance Measures (Sustainability Theme)

Actual 2017

Budget 2017

Division

2018 2019 2020

2021

2022

% of scheduled audits completed as per Corporate Audit Plan (Infrastructure) % of completed audit reports that result in recommendations for change (Infrastructure)

93%

85%

85%

85%

85%

90%

90%

Budget & Compliance

85%

90%

90%

90%

90%

90%

90%

# of quarterly reports submitted to Council (Infrastructure)

Financial Reporting

3

3

3

3

3

3

3

% of staff receiving electronic pay stubs (Infrastructure) % of Homeowner Grants claimed online (Infrastructure) # of departmental procurement training sessions conducted (Infrastructure) Total Cost of Risk per Capital (Economic Prosperity) # of invoices processed by Accounts Payable (Infrastructure) # of invoices created by Accounts Receivable (Infrastructure) # of electronic invoices received by Accounts Payable (Infrastructure)

100%

100%

100% 1 00%

100%

100% 100%

Financial Services

72%

70%

7 0%

70%

70%

70%

70%

Procurement Services

3

3

3

4

4

4

4

Risk Management Services

$3.72

$3.72

$3.70 $3.68 $3.66 $3.65

$3.63

85,068 83,904 85,582 87,294 89,040 90,820 92,637

Treasury Operations

10,325

7,980 10,532 10,742 10,957 11,176 11,400

44,438 42,288 47,787 48,743 49,718 50,712 51,726

the future lives here.

2018-2022 Financial Plan

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