FY2021 Adopted Budget

FY2021 Adopted Budget Organizational Budgets

Finance Division Accounts Payable is responsible for timely and accurate payments to vendors for goods and services provided to the County. Payroll LV UHVSRQVLEOH IRU PDQDJLQJ DQG PDLQWDLQLQJ WKH &RXQW\¶V SD\UROO V\VWHP DQG assuring that employees are paid accurately and timely.

Treasury Department The Treasury Department serves as a primary provider of person-to-person customer service to County residents. The Treasurer is responsible for the collection and deposit of all County monies, in essence functioning as a banking operation. $OO RI WKH &RXQW\¶V DFFRXQW s receivable billing is done by the Treasury Department. This includes County, State, and Municipal real estate tax bills which are prepared, verified, and issued from the Treasury Department.

The Treasury Department also collects water/sewer bills, permit and planning fees, and landfill bills; issues dog and cat licenses; sells Transit bus passes; and certifies all real property transfers including the collection of recordation taxes. In DGGLWLRQ WKH 7UHDVXUHU LV WKH &RXQW\¶V ,QYHVWPHQW 2IILFHU DQG KDQGOHV WKH LQYHVWPHQW RI &RXQW\ IXQGV LQ D PDQQHU WKDW will provide the maximum safety of principal while meeting the daily cash flow needs of the County. $OO LQYHVWPHQWV DUH LQ FRQIRUPDQFH ZLWK WKH &RXQW\¶V ,QYHVWPHQW 3ROLF\ DQG 6WDWH ODZ 7KH 7UHDVXUHU LV DOVR UHVSRQVLEOH IRU WKH GDLO\ FDVK PDQDJHPHQW RI WKH &RXQW\ DV ZHOO DV PDQDJLQJ WKH &RXQW\¶V EDQNLQJ relationship and merchant card services.

Procurement and Contracting Department This Department provides professional, value-added procurement services, both practical and innovative processes that result in continuous customer satisfaction, while maintaining public trust, with the assurance that each dollar expended is utilized in the most efficient manner. In this spirit, free and open competition, and equal opportunity for all qualified vendors is promised. This Department also administers the purchasing card program which adds both convenience and expedience into the purchasing process while maintaining efficiency and financial oversight. Risk Management Department Risk Management is responsible for protecting the assets of Frederick County from unnecessary and controllable losses by providing a safe workplace for our employees and eliminating hazards to the public on County property. The primary function of Risk Management is to reduce losses and control the cost of those incidents that do occur. When identified, exposures are addressed through loss control techniques, training and education, and transfer of risk. Risk Management is responsible for managing all insurance coverage for the County, including property, OLDELOLW\ DQG ZRUNHUV¶ FRPSHQVDWLRQ

249