Program Descriptions
Operations and Administration
This program includes operational support for the department as well as the administrative portions of the Director's Office, the Division of the Controller, the Treasury Division, and the Division of Risk Management. The program provides support for efficient, effective, and timely accomplishment of the department's mission, including budget development and...
Read More Fiscal Management
This program provides effective management of County capital and operating fund; and the fiscal analysis and issue management associated with master plan development, economic development, and legislative issues. It is also responsible for issuing and managing the County's financial obligations to fund the Capital Improvements Program and manage cash flow;...
| Program Performance Measures | Actual
FY23 | Actual
FY24 | Estimated
FY25 | Target
FY26 | Target
FY27 |
|---|
| Make Office Vacancies Extinct (MOVE) Program: Square feet of office space leased | 55,521 | 78,905 | 80,188 | 82,000 | 83,116 |
| Interest Rate Benchmarking - County General Obligation (GO) vs. Municipal Market Data Index (basis point spread) | 0 | 3 | 0 | | |
| Investment Return Benchmarking - County Return vs. S&P Local Government Investment Pool Index (basis point spread) | -4 | 10 | 10 | | |
| Revenue Forecasting - Percent variance between actual revenue and projected revenue | 5.11% | 3.60% | 0.00% | | |
| Investment Return - Rate of return on Montgomery County's investments 1 | 3.43% | 5.34% | 4.30% | | |
| Bond Rating - Rating given to Montgomery County by Fitch, Moody's, and Standard and Poor's (Bond ratings are a measure of the quality and safety of a bond and are based on the issuer's financial condition) | AAA | AAA | AAA | | |
Read More Information Technology
This program provides planning, direction, and support for finance and core business systems, technology, and business processes to support the effective and efficient achievement of the department's mission. Activities are proactively coordinated with the Department of Technology and Enterprise Business Solutions, other County departments, vendors, and department staff to ensure...
| Program Performance Measures | Actual
FY23 | Actual
FY24 | Estimated
FY25 | Target
FY26 | Target
FY27 |
|---|
| Electronic payments (credit card and ACH) transactions processed by the County's credit card processor and bank (000's) | 5,155 | 5,230 | 5,282 | 5,335 | 5,388 |
| Workflows, tasks, and processes streamlined utilizing existing or new technologies | 19 | 20 | 20 | | |
Read More Controller
This program provides effective management and support to the operations of Accounts Payable and Receivable; General and Grant Accounting; Financial Analysis, Audit and Compliance; and Timekeeping and Payroll. This program, through its operations, is responsible for overseeing expenditures and cash flow management; preparing timely and accurate annual financial statements and...
| Program Performance Measures | Actual
FY23 | Actual
FY24 | Estimated
FY25 | Target
FY26 | Target
FY27 |
|---|
| Procurement Card transactions processed | 30,779 | 31,689 | 30,000 | 30,000 | 30,000 |
| Vendor payments issued 1 | 118,248 | 126,881 | 125,000 | 125,000 | 125,000 |
| Journal entries prepared | 1,500 | 1,580 | 1,600 | 1,600 | 1,600 |
| Journal entries reviewed and posted | 4,220 | 3,565 | 3,610 | 3,610 | 3,610 |
| Grant reports produced | 1,281 | 1,105 | 1,000 | 1,000 | 1,000 |
| Paychecks and payroll advices issued for employees 2 | 303,359 | 300,802 | 301,000 | 302,000 | 303,000 |
| Pension and long-term disability (LTD2) payroll payments processed 3 | 79,862 | 80,638 | 81,000 | 82,000 | 83,000 |
| Procurement Card rebate revenue generated | $741,563 | $749,297 | $750,000 | $750,000 | $750,000 |
| Receive the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting 4 | Received | Expected | Expected | | |
| Percent of non-compliant payments - Direct purchase orders created the same day as invoice date and duplicate dollars per total invoices | 0.04% | 0.04% | 0.04% | | |
| Percent of payroll errors per sum of dollars under and overpaid | 0.18% | 0.21% | 0.20% | | |
Read More Treasury
This program is responsible for providing coordination and oversight of treasury operations and customer services through the cashiering function. All money received by the County directly through the Treasury cashiering operation, from other County agencies, or through the internet and bank lockbox operation is processed, administered, and recorded in...
| Program Performance Measures | Actual
FY23 | Actual
FY24 | Estimated
FY25 | Target
FY26 | Target
FY27 |
|---|
| Tax related number of service request tickets transferred from MC311 Call Center to Treasury | 3,804 | 4,170 | 4,500 | 4,750 | 5,000 |
| Property tax accounts billed | 361,190 | 368,076 | 370,000 | 375,000 | 375,000 |
| Transfer tax transactions processed 1 | 12,749 | 18,211 | 20,000 | 22,500 | 25,000 |
| Cashier transactions processed | 40,686 | 40,126 | 42,500 | 45,000 | 47,500 |
Read More Risk Management
The Montgomery County Self-Insurance Program, established under County Code Section 20-37, provides comprehensive property and casualty insurance for the County and participating agencies. The program pays all claims for Self Insured Workers' Compensation, General and Auto Liability, Auto Physical Damage, and Property matters. The program is funded through contributions from...
| Program Performance Measures | Actual
FY23 | Actual
FY24 | Estimated
FY25 | Target
FY26 | Target
FY27 |
|---|
| Computer based/onsite training classes provided by the Safety Section | 2,361 | 5,926 | 3,000 | 3,000 | 3,000 |
| Workers Compensation - Cost per $100 of payroll | $3.08 | $3.21 | $3.09 | | |
| Workers Compensation - Number of Montgomery County Government cases resulting in lost work time | 372 | 362 | 420 | | |
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