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HomeMy WebLinkAbout01192021 City Council Work Session Packet - FinanceSeward City Council Work Session Packet Topic: Discuss Current Finance Employee Contracts And Work Plans Virtual Meeting January 19, 2021 City Council Chambers Beginning at 12: 00 p.m. Instructions For CITIZEN INVOLVEMENT DURING CITY COUNCIL Virtual WORK SESSIONS Due to COVID-19, alternate methods for citizen involvement during City Council work sessions have been created to allow public interaction while keeping everyone safe and healthy. Although there is no in person public attendance allowed, council wants to encourage citizen participation. If you wish to participate in a work session, please follow these simple steps: STEP 1: Sign up on the city clerk's contact list. Send an email to clerk2cityofseward.net and request to be included on the contact list AND provide your phone number. Sign up by 11:00 a.m. on the day of the work session. You'll receive a confirmation email from the city clerk that you're on the list; if you don't receive the confirmation, please call 224-4045 to confirm. STEP 2: Keep your phone handy throughout the work session. When answering your phone, please mute any background noise so you can be heard by council clearly. How it will work: During regular intervals throughout the work session, the proceedings will be halted and the city clerk will call citizens who have signed up. After all citizens have been contacted, council will continue the work session. Citizens sign up one time per work session, and will be contacted at every interval during the work session. Each time you are called, the city clerk will ask if you wish to be contacted at the next interval during that work session. How to watch or listen to a work session: 1. Watch Live Streaming on the city's YouTube page. Log onto YouTube and type "City of Seward Alaska" into the search bar or go to: 2. https://www.youtube.com/channel/UCWzsXcDwdyklHKGgvYS_UNQ 3. Listen on the radio. Tune to KIBH-FM 91.7 4. Watch on television. Tune into GCI Cable Channel 9. Note: GCI has recently been experiencing technical difficulties with the sound; they are working diligently to fix the problem. Attending via ZOOM Enter the following information in the Zoom app or on Zoom.com: Zoom App or www.zoom.us Webinar ID: 927 9978 1298 Passcode: 720551 or Telephone: US: +1 408 638 0968 or 833 548 0282 (Toll Free) CITY COUNCIL WORK SESSION Monday, January 25, 2021 at 5:30 p.m. TOPIC: Discuss Current Finance Employee Contracts And Work Plans Finance Department Organization Chart ............................................. Pg. 2 Finance Department Consultant Contracts ClearIdea........................................................................ Pg. 3 JenniferPae....................................................................... Pg. 7 Finance Department Responsibilities — Overview .................................. Pg. 10 Specific Work Assignments.................................................... Pg. 11 1 CITY OF SEWARD - FINANCE DEPARTMENT CITY MANAGER ItLV-A L41"71.7teme7:7 DEPUTY FINANCE DIRECTOR F I � ACCOUNTING UTILITY BILLING ACCOUNTING SUPERVISOR MANAGERS TECHNICIANS dearidea accounting and consulting June 15, 2020 Scott Meszaros, City Manager City of Seward, 410 Adams Street Seward, Alaska, 99664 Phone: 1907) 750-5747 www.clearideaak.com Agreement to Provide Services 4935 Cape Seville Drive Anchorage, AK 99516 This letter (the "Agreement") is to confirm our understanding of the terms and objectives of our engagement and the nature and limitations of the services which Clear Idea Accounting and Consulting ("we") will provide for the City of Seward ("City"). Description of Services Clear Idea Accounting and Consulting will provide to the City the following financial consulting and general accounting services: 1. Finance Department Support — We will provide high-level assistance and support to the City's finance department in various financial aspects including, but not limited to, planning, coordinating and directing the budgetary, accounting, debt service, financial planning, financial reporting, auditing, revenue collection, disbursements, utility billing, property and asset management, risk management, investment, capital financing, and purchasing activities of the City. _ 2. Financial Reports — On a monthly and/or quarterly basis, we will assist in preparation and review of internal financial statements to include the following: • Comparative Operating Statements (Statement of Revenues and Expenses) on a Fund and City-wide level • Budget to Actual Operating Statements (Statement of Revenues and Expenses) on a Fund and City-wide level • Comparative Balance Sheets • Comparative Statements of Cash Flows 3 Clear Idea Accounting and Consulting Agreement to Perform Services 3. Staff Training - On an ongoing basis, we will train existing and new staff in areas that impact the finance 1 department. These areas would include reading and • understanding of the financial statements, financing/loan documents, Uniform Guidance (Single Audit) rules and regulations, accounting policies and procedures, audit preparation, budgeting. 4. Finance Process Reengineering/Training— As much as possible, we will utilize the information gathered during the engagement to improve the finance process and implement "best practices." We will, as it deems necessary, provide a managerial advice during the normal course of the engagementto management of the City. Additionally, we are always available to meet with you and other executives at various times throughout the year to discuss current business, operational, and accounting matters affecting the City. Whenever you feel such meetings are desirable, please let us know. We are also prepared to provide services to assist you in any of these areas. Other Terms of the Agreement As deemed required, the City shall make available sufficient office space and equipment to provide the services and shall make available in a timely manner all information and data required to perform the services. It is our understanding that, In general, services noted herein shall be performed from our local office in Anchorage, Alaska, with periodic visits to the City's office at Seward, Alaska. Independent Contractor Status We will perform the services solely as an independent contractor under this Agreement and not as the Cky's employee. The parties are not partners or joint ventures, and this Agreement shall not be deemed to have created any such organization or relationship between the parties. Neither party will represent itself to be an employee of the other party or attempt to bind the other party to any agreement, oral or written. We will not be entitled to any benefits that the City makes available to any of its employees and the City will not withhold from compensation underthis Agreement any income, social security, or other taxes. z 4 Clear idea Accounting and Consulting Agreement to Perform Services Standards of Performance We warrant that the services will be performed in a professional and workmanlike manner. We will materially comply with all applicable laws, rules, regulations and industry standards in performing the services. Notwithstanding any provision of this Agreement to the contrary: (a) we will not be responsible for detecting errors, fraud or illegal acts that may exist In the City's books, records or operations (provided, however, that we will inform the appropriate level of management of the City of any material errors or evidence of fraud or possible illegal acts that come to our attention and (b) we will have no responsibility to identify or communicate significant deficiencies or material weaknesses in the City's internal controls as part of its engagement. However, if matters identified in (a) and/or (b) arise during the ordinary course of the engagement, we will communicate findings to the City. Amendment and Termination This Agreement may be amended, modified, or supplemented from time to time by a writing signed by the parties. The Agreement is on an annual, calendar year basis and is automatically renewed at the end of every calendar year. Additionally, our engagement can be terminated at any time by either party before its expiration with a reasonable written notification. Entire Agreement This Agreement contains the entire understanding of the parties hereto relating to the subject matter of this Agreement and supersedes all prior and collateral agreements, understandings, statements, and negotiations of the parties. Fees During the first two months of the engagement, our fees for providing services described above will be based on time and material (out-of-pocket expenses) required to perform such services. Our billable rate for specified services ranges from $125 to $150 per hour. Subsequent to the initial two -month period, if deemed necessary by the City, we will discuss restructuring of the fees to a monthly fixed fee rate agreed upon by both parties. We will invoice City for such fees on a monthly basis with full description of services provided, date of service, hours and itemized list of out-of-pocket expenses, if any. Fees are payable upon receipt. If any of our Invoices are unpaid within 30 days, they will be deemed delinquent. We reserve the right to suspend the services and withdraw from the engagement in the event that any of our invoices becomes delinquent. Clear Idea Accounting and Consulting Agreement to Perform Services We appreciate the opportunity to be of service to you and believe this letter accurately summarizes the significant terms of our engagement. If, after full consideration, you agree that the foregoing terms shall govern this engagement, please sign the copy of this letter in the space provided and return the original signed letter to us, keeping a fully -executed copy for your records. Very truly yours, �l6 2oz� Mladen Begojevic, CPA Clear Idea Accounting and Consulting ACCEPTED AND AGREED: Ott M r y Manager Date City o eward 4 1 6 I CITY OF SFWARD Main Office (907) 224-4050 P.Q. BOX 16 7 Police (907) 224-3338 Harbor (907) 224-3138 SF WARD, ALASKA 99664,01 67 Fire (907) 224-3445 City Clerk (907) 224-4046 Community Development (907) 224-4049 Utilities (907) 224-4050 Fax (907) 224-4038 December 28, 2020 Jennifer Pae 2043 Mckinlev Ave. Lakewood, GBH 44107 Agreement to Provide Services This letter (the "Agreement") is to confirm our understanding of the terms and objectives of our engagement and the nature and limitations of the services which Jennifer Pae will provide for the City of Seward ("City"). Description of Services Jennifer Pae will provide to the City the following financial consulting and general accounting services: 1. Finance Department Support - High-level assistance and support to the City's finance department in various financial aspects including, but not limited to, planning, coordinating and directing the budgetary, accounting, debt service, financial planning, financial reporting, auditing, revenue collection, disbursernents, utility billing, property and asset management, risk management, investment, capital financing, and purchasing activities of the City, 2. Financial Reports - Assist in preparation and review of internal financial statements to include the following: Comparative Operating Statements (Statement of Revenues and Expenses) on a Fund and City-wide level Budget to Actual Operating Statements (Statement of Revenues and Expenses) on a Fund and City-wide level ril Additionally, Jennifer Pae will be available to meet with City Administration and staff at various times to discuss current business, operational, and accounting matters affecting the City. Other Terms of the Agreement As deemed required, the City shall make available sufficient office equipment to provide the services and shall make available in a timely manner all information and data required to perform the services. Independent Contractor Status Jennifer Pae will perform the services solely as an independent contractor under this Agreement and not as the City's employee. The parties are not partners or joint ventures, and this Agreemient shall not be deemed to have created any such organization or relationship between the parties. Neither party will represent itself to be an employee of the other party or attempt to bind the other party to any agreement, oral or written. Jennifer Pae will not be entitled to any benefits that the City makes available to any of its employees and the City will not withhold from compensation under this Agreement any income, social security, or other taxes. Standards of Performance -t that the services will be performed in a professional and workmanlike manner. ti will materially comply with all applicable laws; rules, regulations and industry , ds in performing the services. Notwithstanding any provision of this Agreement to the c ° i ary: (a) Jennifer Pae will not be responsible for detecting errors, fraud or illegal acts that n ,�- y exist in the City's books, records or operations (provided; however, that she will inform td-�� � appropriate level of r a—,F,agei,nent of the City of any material errors or evidence of fraud or Passible illegal acts that come to her attention and (b) Jennifer Pae will have no responsibility to identify or communicate significant deficiencies or material weaknesses in the City's internal controls as part of its engagement. However, if matters identified in (a) and/or (b) arise duringthe ordinary course of the engagement, she will communicate findings to the City. 8 Amendment and Termination This Agreement may be amended, modified, or supplemented from time to time by a writing signed by the parties. The Agreement is on an annual, calendar year basis and will terminate at December 31, 2021, Additionally, the engagement can be terminated at any time by either party before its expiration with a reasonable written notification. Entire Agreement This Agreement contains the entire understanding of the parties hereto relating to the subject matter of this Agreement and supersedes all prior and collateral agreements, understandings, statements, and negotiations of the parties. Fees The fees for providing services described above wilt be based on time required to perform such services. The billable rate for specified services will be $1501hour for up to 15 hours per week during the duration of the agreement. Jennifer Pae will invoice City for such fees on a bi-weekly basis with full description of services provided, date of service and hours. Fees are payable upon receipt. If any invoices are unpaid within 30 days, they will be deemed delinquent. Very truly yours, Norm Regis, Act City Manager Date City of Seward ACCEPTED AND AGREED: By: Jennify(Pae Date FINANCE DEPARTMENT Overview of Duties & Responsibilities FINANCE The finance department recommends and administers policies and procedures on all city financial matters, is responsible for the annual financial report and managing the annual audit, and is responsible for maintaining financial accounting systems and records, and preparing the biennial budget. Oversees investment of all city funds, maintains inventory and insurance on all city property, provides for the payroll, accounts payable, utility billing, purchasing, insurance, workers comp, grant management aind accounting, debt issuance, and ether financial matters affecting the city. This department's primary cost is personnel costs related to supporting the payroll, accounts payable, grant accounting, banking, insurance, and utility billing functions of the City. The department maintains a staff of eight including the finance director, deputyfina nce director, accounting supervisor, two utility billing positions, and three accounting technicians. Finance Department Font Size_ The City of Seward Finance Department +rill answer your questions about the City's budget, capital projects, annual financial reports, utility payments, city payroll, taxes, accounts receivable, grants, leases, assessments, collections, and more. Please use the contact information at right to contact an appropriate person within the Finance Department for your specific needs. ilf Sam Hickok Stephen Sowell; Brenda Ballou; Norm Regis - RE: Tuesday's Work Session Materials Jenny Review and post journal entries Review utility billing adjustments and rate changes Review resolutions and agenda statements Approve all bank wires Prepare mid cycle budget adjustments with DFD Sam: Day -to -Day management of staff Prepare journal entries Review general ledger account coding - align with budget Revie,. >;er-k'`ycheckrun Pi eoare fina -i 2-1 aspect cf re_oLi c-is and agendv stvtemert= for FD acoroval Fixe:: asset acccurtirg Preoare I .edge: to 3ct,ia—r3ncial statements for Council Revie e and apprc) e ban<-ectrciI'ati.3rs Review investment account 3tions VIacer,: -erordlia+ior ;e'tiie,. ;aVrtl , esr e 7d arc-a,nthc arc jcjrnal entries for audit From: S_eol-er Sv,:.e I Sent; TI-.I _da -w, Ja'I L,vr;' _4, 2021 10:24AM To: Sa-n Fic<.3k<sh --kvc t,c-seward. net>; Brenda BaIIou <bba I lou @ cityofsewa rd. net> Cc: ` v)iir P.acis <nregis@c t,ofseward. net> Subject: RE: Tues:la'.r,'s Work Session Materials Sam, Plea -se also provide an overview of the responsibilities and tasks that you, Jenn, and Mladen are currently assigned to. Thank you, Stephen Sowell Astiistant City Manager City of Se -ward, Alaska. WL _cityofseward.us 0-907-224-4066 C-907-362-4062 F-907-22.44038 3:52 Ph'I 0 is