This is fiscal management work in the formulation and preparation of the City's capital program and execution of the annual capital budget. The employee supervises a central agency staff engaged in monitoring capital projects to ensure compliance with the budget and debt limitations established under the state constitution and guidelines established by the Director of Finance. An important aspect of the work is assisting city executives and department managers in the collection of information, developing budget proposals and administering the budget. Contact with department and other City officials and representatives of public and private organizations is significant to the work. The employee reports to a Deputy Director of Finance.

ALLOCATING FACTORS:
(The following conditions must be met for a position to be approved for this class.)

• Only one position will be allocated to this class.
• Work must be performed within the Finance Department.
• The employee must direct all Finance Department Capital Budget Activities.
• The employee must supervise a professional budget staff.

• Coordinates with City Planning Commission in the formulation and preparation of the City's capital program; calculates the amount of the City's debt limit according to limits imposed by the state constitution, and laws, and objectives established by the Finance Director, analyzes financial policy issues and debt and appropriation authority requirements; administers the collection of the capital program and budget requests prepared by City departments; oversees the preparation of the capital budget that is transmitted to City Planning.
• Participates in departmental hearings held at the City Planning Commission and makes recommendations; supervises feasibility studies of projects proposed by City Council.
• Directs the analysis of projects proposed by City Council members; initiates City Council legislation pertaining to debt authority and appropriation transfers.
• Coordinates the implementation and execution of the capital budget; participates in periodic meetings reviewing personnel initiation of bids, contracts, requisitions, and requests for budget ordinance amendments; participates in developing strategic planning for implementation of the capital program and policy issues for recommendation to the Mayor.
• Testifies at hearings before City Council or other approving bodies for or with the Finance Director on the financing of proposed capital projects and amendments.
• Plans, assigns, and directs the activities of the central agency fiscal and budget administrative staff engaged in the compilation of data relative to the capital budget and the examination, evaluation and control of the City's capital budget; supervises maintenance of capital budget, accounting and related fiscal records and reports on department operations.
• Prepares recommendations on the appropriate design, type, and term of bond issues; prepares and reviews cash flow projections, cash conservation measures and payment scheduling; determines the capital asset inventory of city owned property and analyzes the city's capital asset investment practices.
• Directs the redesigning and implementation of information management methods relevant to the capital budget; coordinates the central accounting and data processing personnel; manages a citywide computer information system providing appropriation histories, current year activity and integrated capital tracking system; reviews and revises methods and systems used in data collection, storage, retrieval, and analysis; assists departmental managers in development and use of computerized information systems.
• Directs the placement of merged loan purpose amounts resulting from prior year encumbrance liquidations, expenditure abatements, or year end and unused loan purposes released for use during the capital budget year; reviews budget overdrafts and resolves problems with transactions; reviews documents and determines which items are to be released and submits them to the Accounting Bureau and Controller's Office for approval.
• Reviews grant projects for awarded amount, time period, and requirements; reviews the validity of grant awards for the allocation of expenditures; conducts periodic audit reviews of outstanding grant receivables to determine financial exposure that can require the use of City funds as a substitute.
• Performs related work as required.

KNOWLEDGE OF:

• the principles and practices of capital budget formulation, evaluation, analysis, and administration.
• the principles and practices of budget administration and their application to budgetary objectives and policies.
• the principles of public finance as applied to the preparation and control of capital budget.
• administrative and managerial practices, procedures, and policies as applied to capital budget administration and analysis.
• the technical requirements and procedures used in the preparation, authorization, and issuance of municipal bonds.
• the principles and practices of large public jurisdiction capital budgeting, debt management and financial administration.
• the source of municipal bond market information, market funds characteristics and their implication for marketing municipal bonds.
• supervisory practices and techniques.
• principles, practices and techniques of computerized information management as it relates to capital budget analysis.

SKILL IN:

• working effectively with a wide variety of members of the financial community as well as elected and city officials.
• administering and maintaining computer information management systems.

ABILITY TO:

• exercise judgement and discretion in applying and interpreting policies and procedures consistent with overall policy and objectives.
• analyze and comprehend organizational and procedural problems and make recommendations related to budgetary requirements.
• plan, assign, and review the work of a staff engaged in the evaluation and control of capital budgets, loan authorizations, bond issues, and related fiscal records.
• prepare and analyze complex financial and budgetary reports, statements and publications.
• present ideas effectively, both orally and in writing.

EDUCATION

• Completion of a bachelor's degree program at an accredited college or university with major coursework in business administration, urban studies, public administration, economics, finance or accounting.

• Six years of analytical fiscal or budget experience in a governmental agency reviewing and analyzing budget requests or assisting administrators in planning and preparing departmental budget.

• Two years of advanced level or one year of supervisory level experience within a central budget agency in the analysis of budget requests.

PHYSICAL AND MEDICAL REQUIREMENTS

• Ability to physically perform the duties and to work in the environmental conditions required of a position in this class.

PAY RANGE: EP26
Class Established:
  CSC - 8/1991 ; Ad Board - 10/1991

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