The Finance Department encompasses all accounting, purchasing, and utility billing and treasury activities within the town including:
Custody and recording of revenues accruing to the town
Maintenance and operation of the computerized financial records system
Review of the financial activities of town functions
The department is ultimately responsible for ensuring that accounting transactions are properly recorded and maintaining all official accounting records. At the end of the fiscal year the Finance department generates the town's Comprehensive Annual Financial Report (CAFR). The department is a proud, 21-time recipient of the the Government Finance Officers' Association award for excellence in financial reporting.
The Finance Department is also responsible for the development of the town’s annual budget, which, in agreement with the Finance Board, is ultimately approved by the commission. Finance also supports other departments in facilitating the purchasing process. The Town is now using Onvia DemandStar in addition to the town website to post bid solicitations.