Stamford City Controllers Office Reorganization Plan FY 2025-26
"Discover the comprehensive reorganization plan for the City of Stamford's Controllers Office aiming for a timely external audit in fiscal year 2025-26. Learn about key departmental changes, challenges, and new positions while focusing on financial reporting improvements and automated processes."
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CITY OF STAMFORD CITY OF STAMFORD CONTROLLERS OFFICE CONTROLLERS OFFICE BENJAMIN BARNES, DIRECTOR BENJAMIN BARNES, DIRECTOR OF ADMINISTRATION OF ADMINISTRATION TERESA VISCARIELLO, TERESA VISCARIELLO, CONTROLLER CONTROLLER MARCH 11, 2025 MARCH 11, 2025 1
Budget Summary: (Provide an overview of all significant department or division changes, including staffing adjustments and capital budget requests for FY 2025-26.) New or Expanded Services/Programs: (Outline any new initiatives or service expansions planned for FY 2025-26.) Discontinued or Reduced Services/Programs: (Identify any services or programs that will be phased out or scaled back in FY 2025-26.) Board Of Board Of Representatives Representatives - - Requirements Requirements Departmental Challenges & Anticipated Changes: (Highlight key challenges and expected shifts within the department or agency for FY 2025-26.) Performance Improvements & Efficiencies: (Summarize major service enhancements, operational efficiencies, and key accomplishments from FY 2024-25.) Note: Presentations should be limited to 10 minutes, with an additional 5-10 minutes allocated for questions.
Department/Div. Organizational Chart
In progress Controllers Office reorganization plan to achieve timely external audit for F25-26. Major changes were elimination of 2 existing positions (Assistant Controller and Divisional Finance Manager), added 5 new positions (2 Accounting Managers Operational and Reporting, 2 Staff Accountants, 1 Financial Reporting Analyst). Budget impact over prior adopted budget $28,082 showing a 1.4 % increase contractual 3% increase and step increases. Budget Summary (FY 2025-26)
Key Challenges & Changes (FY 2025-26) Catch-up fiscal year 2024 external audit and get City back on track to producing a timely Annual Comprehensive Financial Reporting (ACFR) audit for fiscal year 2025. Implement a Lease Accounting Software program that will automate better tracking of City leases. Continue successful recruitment for 5 new positions as part of the City s Controllers Office reorganization plan. Automate entire City Banking wire transmittal processes and procedures. Design, implement manual banking wire transmittal form by streamlining workflow processes and procedures functionality into Oracle system.
1. Completed Ceridian Employee Self-Service Payroll portal to improved staff resources used to respond to routine inquires. 2. Implemented Oracle ERP Software conversion. Fully operating system processing of invoicing and journal entry transactions workflow, accounts payable and financial reporting for external audit for fiscal year 2023. 3. Completed Implementing Fixed Asset Oracle Module migration of Stamford FA Book, EG Brennan FA Book, and WPCA FA Book for fiscal year 2023. 4. Implemented new GASB 96 accounting standard that requires government entities to recognizing Subscription-Based Information Technology Arrangements (SBITAs). Most common are software subscriptions. Performance Improvements & Efficiencies:
