Office of Management and Budget
The Office of Management and Budget (OMB) section of the Financial Service Department coordinates the preparation and development of the annual operating budget, capital budget, and multi-year capital improvement program for the City. OMB is responsible for publishing the final budget document and its distribution to City departments and outside agencies. Budget staff monitors and tracks all active capital projects and monitors revenues and expenditures throughout the fiscal year. Additionally, oversight for the implementation of the City's various budget policies is the responsibility of this section.
The City's budget is the 'action plan' used to implement the goals and objectives of the City Council. Activity-based budgeting isolates the costs of a government's operation by dividing the government into many different activities or support services and includes the direct and indirect costs of labor, contractual services, materials and supplies.
The Office of Management and Budget has received the Government Finance Officers Association's Distinguished Budget Presentation Award for 5 consecutive years as of the completion of the City's 2010 Annual Budget document.