Information Services Division (ISD) utilizes financial practices that comply with the Federal Office of Management and Budget Circular A-87, Cost Principles for State, Local and Indian Tribal Governments (copy available upon request) and the Generally Accepted Accounting Principles (GAAP). These principles provide an established framework for financial planning and Division direction. The principles maintain a disciplined and business-like approach to IT investments. All investments are required to serve ISD customers. This general policy becomes more important given the constant emphasis on data center and network consolidations and the growth of the Division's customer base.

The services provided by F&P are highlighted below:

• Budget and Planning - Initiates and prepares the ISD budgets.
   
• Financial Analysis - Provides daily monitoring and three year projection of cash flow, business line recovery and coordination of accounting and service staff functions.
   
• Purchasing and Contracts - Purchasing provides assistance with the preparation of goods and services, requisition initiation, purchase-order tracking, distribution of goods and invoice tracking. Contracts consist of contract initiation, renewals, rebids, cancellations and vendor intervention.
   
• Chargeback Services - This service is comprised of: billing (invoicing, sales recording, collection and customer inquiry response), analysis (capacity vs. sales, trends and overhead), rate setting (cost analysis, sales forecasting, market comparison and rate recommendation).
   
• Planning Analyst - Assistance and preparation of: Three Year IT Plans, Strategic Plans, service agreements and special projects.
   
• Inventory Control - Maintain on-line inventory of all furnishings, software and equipment within the Division.