LIBRARY FINANCIAL MANAGEMENT - Mailing Lists at the Texas State ...

honeydewscreenManagement

Nov 9, 2013 (3 years and 11 months ago)

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LIBRARY FINANCIAL
MANAGEMENT

P.K.CHATTERJEE


LAKE TRAVIS COMMUNITY LIBRARY

TOPICS


PLANNING/BUDGETING


EXPENSE MANAGEMENT


FINANCIAL CONTROLS


PAYMENT METHODS


ACCOUNTING SYSTEMS


INVESTMENT OF FUNDS

BUDGETING


FORECASTING REVENUE



BASED ON TRENDS



ECONOMIC SCENARIO



SPECIAL CONSIDERATIONS



CONSULTING CITY OFFICIALS


BUDGETING


FORECASTING EXPENSES



ZERO
-
BASED



TRENDS



SPECIAL PROGRAMS / INITIATIVES



BELT
-
TIGHTENING



INFLATION



STAFFING



SALARY INCREASES

EXPENSE MANAGEMENT


LINE ITEM CONTROL VS OVERALL
CONTROL


REVIEW FREQUENCY


EVALUATE PURPOSE CONTINUALLY


MEASURE


DISCRETIONARY ITEMS


VOLUNTEERS


OPERATING RESERVE


CREDIT CARD


EXPERTS

FINANCIAL CONTROLS


TEXAS PROCUREMENT MANUAL


CONTRACTS


SEPARATION OF DUTIES


EXPENSE AUTHORIZATION LIMITS

ACCOUNTING SYSTEMS


MANUAL VS SYSTEM


BALANCING


CASH VS ACCRUAL


1099s


REPORTS


SYSTEM BACK
-
UP

INVESTMENT OF FUNDS


PFIA


PRESERVATION & SAFETY OF
PRINCIPAL


TEXPOOL / CDs / MMKT / TREASURIES


MATURITIES / FUND AVAILABILITY


LOCAL BANKS / CREDIT UNIONS


FDIC INSURANCE: $250,000 (TILL 2013)


DEPOSITORY AGREEMENT

RATES


TEXPOOL 0.32%


TEXPOOL PRIME 0.44%



TREASURY 6 MONTH 0.28%


TREASURY 12 MONTH 0.46%


TREASURY 2 YEAR 1.02%



MONEY MARKET 2.50%



CD 2 YEAR 2.50%



OUR CURRENT CDs 3.47% (MATURITY: 229 DAYS)