COS Financial Plan 2018 - 2022

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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