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HomeMy WebLinkAboutI. A. FY 2025- 26 RESOURCE MANAGEMENT PLAN ( BUDGET) 1. TREASURELeigh Henderson, Treasurer City Treasurer April 8, 2025 PROPOSED FY 2025-26 OPERATING BUDGET City of Virginia Beach Department Organization Summary •Total FTEs •Total FTEs•Number of Divisions•Total FY 2024-25 Budget •Number of Divisions •Total FY 2024-25 Budget 2 Total FTEs Number of Divisions Total FY 2025-26 Budget 76.6 1 $8,729,988 FY 2025-26 Programmatic Budget •Total FTEs •Total FTEs•Number of Divisions•Total FY 2024-25 Budget •Number of Divisions •Total FY 2024-25 Budget 3 Salaries & Fringe Benefits, 78% Postage/Printing/Paper/Envelopes, 9% IT Related Expenses, 9%Other Operating Expenses, 4% Department Operating Budget Summary 4 Program FY2024-25 Amended FY 2024-25 FTE FY 2025-26 Proposed FY 2025-26 FTE Change ($)Change (%) General $8,607,900 76.6 $8,729,988 76.6 $122,088 1.42% City Treasurer – Statistics – CY2024 •2,463,175 payments processed from 5 locations •Includes 19,408 payments over the phone •Includes 1,323,295 electronic payments •181,000 telephone calls handled •1,013,119 Correspondences mailed 5 City Treasurer – Changes & Initiatives •7th Annual Unclaimed Property call-in event – May 14 & 15 •Treasurer’s Office will continue to support Planning (and Public Utilities) with our move back to the Municipal Center •New Grace Period – implemented July 1, 2024 •E-Billing – CIP approved for FY25 – in process •Enterprise Assessment, Billing & Collection Modernization - modernize technology, integration & citizen experience within the Treasurer, Commissioner & Real Estate Assessor’s office 6