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world. The Stowers Institute is a key component of the City's Life Science Initiative. The Kansas City Area Life Sciences Institute is a not-for-profit organization jointly funded by the Kansas City Civic Council and the Kansas City Area Development Council and is dedicated to transforming Kansas City into a center for excellence in life sciences research. Kansas City has been home to numerous corporate headquarters including Hallmark Cards, H & R Block, DSTSystems, Inc., Black and Veatch, Kansas City South- ern Industries, and American Century (formerly Twen- tieth Century Investments) to name just a few, The Kansas City economy is multifaceted, with a healthy retail sales base, Continued economic growth is vital to the City's financial condition. Kansas City provides allof the amenities of a world-class city in an historic, charming neighborhood environ- ment. Residents can choose from a variety of housing styles and price ranges including affordable housing in newer subdivisions or in older, renovated neighbor- hoods; traditional suburban homes located just minutes from theCountryClub Plaza and Westport;or, beautiful mansions along scenic Ward Parkway. With more foun- tainsthananycityexcept Romeand more parks than any city except Paris, Kansas City is a thriving, exciting city with ambitious plans for the future, CITY GOVERNMENT Granted a charter in 1850, Kansas City now operates under the Council-Manager form of government. The elected leadership of the City is comprised of a M<lyor elected at l<lrge <lnd 12 Council Members. Members are elected for four-ye<lr terms of office with a two-term limit. The City Manager is appointed upon recommen- dation by the M<lYor with confirmation/approval of the appointment required by a majority of theCity Council. The City Manager is responsible for a large, varied, multiple-purpose municipal organization, representing a workforce of 6,727 fTE spread across 19 departments and a current annual budgetof$975 million. KansasCity has enjoyed a reputation for being staffed by a strong contingent of Departmental Managers who report di- rectly to the City Manager in the discharge of their responsibilities, The City Manager, per Charter, serves as the Chief Administrative Officer and Executive Of- ficer of the City with full authority to appoint/remove senior City Staff, and other employees as prescribed by applicable Civil Service regulations, Appointments by the City Manager, including that of the Director of finance, shall be made on the basis of executive and administrative ability and the training and experience of such appointees for the work they are to administer. All appointees are responsible to the City Manager and may be removed by him at any time. Additional information on the City government and its departments can be found at the City's website: www.kcmo,org FINANCE DEPARTMENT INFORMATION The Mission of the Finance Department is to act "As st,',,'ords of t/¡efiJ//lIlcio¡ illtegrily of Ille City of Kollsos City Missouri, I'/'Ouidillgfidllcian/ guidollce, illfommtioll alld as- si.slollce tocustOIlIlTS, collsistelll ¡oit/¡ I/¡eir¡illldllllleutll¡ rig/¡I to IIIl' hesl se¡-¡'ice I'°ssi/J/e." The Finance Dep.1rtment is a complex organization con- sisting of seven Divisions. There are 135 FTE authorized positions in the Department. The total budget for the Department is $10.5 million, A brief description of each Division is as follows: Accounts -Provides information for man<lgement deci- sion making in planning and control and establishes policy for the timely and accurate accumulation of data necessary for the preparation of financial statements in accord<lnce with generally accepted accounting prin- ciples. There are six areas of work concentration within this Division: Advantage Financial Systems Operations Financial Reporting Payroll Accounts Payable financial Compliance Administrative Services