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Department Information The Finance Department is responsible for overseeing the daily financial affairs of the Town. The department maintains the Town's general accounting systems and controls, processes the Town employee payroll and year end tax functions. All vendor invoices from Town departments, boards and agencies are processed for payment through Finance. The department handles several different billing functions, manages deposits and records all Town cash receipts. Finance also assists in the annual budget development as well as longer term financial planning and coordinates the Town's annual financial audit.
Other responsibilities of the Finance Department include handling insurance related matters, overseeing the issuance of bonds, providing financial reports to the Boards of Selectmen and Finance, and monitoring the budget throughout the year. |