Budget and Finances
Finance Department Overview
The Finance Department’s role is to provide sound fiscal management and stewardship of the District’s financial assets, ensuring stability and solvency for the achievement of District goals, while demonstrating accountability, transparency and trustworthiness in the management of the District’s financial resources.
|Finance services include:|
|• Budget preparation
• Accounts payable
• Internal audits
• Revenue analysis
• Special revenues
• Internal service funds
• Financial statement preparation
|• Financial reporting
• Cash management
• Accounts receivable
• Budget monitoring
• District wide training
• Performance management leadership
|• Debt administration
• General ledger
• Treasury management
• Finance software mgmt.
• Project accounting
• Financial projections Internal control
development and monitoring
- 2014 Budget
- 2013 Budget
- About the 2013 Budget
- 2013 Strategic Considerations
- Full Time Equivalent (FTE) Employees Approved in the Budget
- Park User Fees
- Comprehensive Annual Financial Report
- Bond Rating: AAA
2013 Priority Issues
- Successful completion of contract negotiations with AFSCME.
- Implementation of California pension reform.
- Development of capital project selection process for both the 2012 Promissory Notes proceeds and the Major Infrastructure Renovation and Replacement Fund resources.
- Continued stabilization of operating costs, and
- Continued funding of long-term liabilities.
The East Bay Regional Park District’s 2013 budget is balanced; totals for all funds totals $171.3 million and is balanced.
• Expand youth and cultural diversity outreach
• Continue our successful, conservative fiscal approach
• Utilize 2012 Promissory Note proceeds and the new Major Infrastructure Renovation and Replacement Fund resources
• Provide new facilities and other public access needs through careful planning and use of Measures WW and CC funds
Full Time Equivalent (FTE) Employees Approved in the Budget
• Permanent FTE: 641.2
• Seasonal or Temporary: 86.5
Prior Year Budget
- 2012 - Adopted Operating Budget (9.5 MB)
- 2012 - Adopted Projects Budget (7.9 MB)
- 2012 - Budget Brief (911 KB)
Park user fees and leases fund 11 percent of EBRPD's budget. Fees are reviewed and approved by the Board of Directors annually. Typical fees charged include, but are not limited to, parking, swimming, camping, fishing, boat launching, reservable picnic areas, and recreational programs.
- 2014 - Consolidated Fee Schedule (375 KB)
The CAFR contains detailed financial reports, financial and non-financial data and statistics about the District and its operations.
- 2012 - Comprehensive Annual Financial Report (4 MB, 158 pp.)
- 2011 - Comprehensive Annual Financial Report (5.1 MB, 148 pp.)
- 2010 - Comprehensive Annual Financial Report (1.5 MB, 157 pp.)
- 2009 - Comprehensive Annual Financial Report (4 MB, 151 pp.)
• Standard & Poor’s ratings service assigned AAA long-term rating to the East Bay Regional Park District, series 2013 general obligation bonds, election 2008. The ratings are based on the District’s continued strong financial performance and expanded tax base, which has strengthen Districts revenue.
• Moody’s affirmed the AAA rating on the District’s general obligation bonds. The rating reflects the District’s exceptionally large tax base, above average wealth levels, prudent fiscal management, and exceedingly low direct debt burden
|2005-2013 GFOA Distinguish Budget Presentation Award Winner
The Government Finance Officers Associates (GFOA) has continued to confer the District’s annual budget with the Distinguished Budget Presentation Award. In order to receive this award, a government unit must publish a budget document that meets program criteria as a policy document, as an operations guide, as a financial plan, and as a communications device.
|2000-2013 GFOA Certificate of Achievement for Excellence in Financial Reporting
The Government Finance Officers Associates (GFOA) established the Certificate of Achievement for Excellence in Financial Reporting to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal.