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Finance
MISSION
The Finance Department’s mission is to manage Town Funds in accordance with the Local Government
Budget and Fiscal Control Act, applicable State and Federal regulations, and sound principles of
accounting and cash management.
SERVICE TO COMMUNITY
The Finance Department is committed to the highest standards of accountability, accuracy, timeliness,
professionalism, and innovation in providing financial services. This encompasses investing all Town
funds; maintaining accounting and financial records; billing and collecting; maintaining an encumbrance
system for purchasing; processing accounts payable each week; preparing biweekly payrolls; preparation
of the Comprehensive Annual Financial Report; and issuance of and collections related to various user
fees and charges.
BUDGET NOTES
New Initiatives & Priorities
Cost Value
None
Total
$ -
5 – Full-time Employees
FINANCE
2017 Actual
2018 Actual
2019 Estimated 2020 Proposed
Total Salary and Benefits
423,879
$
443,185
$
427,415
$
467,093
$
Operations
177,807
$
199,416
$
520,693
$
183,307
$
Capital Outlay
-
$
-
$
-
$
-
$
Total Expenditures
601,686
$
642,601
$
948,108
$
650,400
$
Year Over Year % Change Total
25.2%
6.8%
47.5%
Year Over Year $s Change Total
121,231
$
40,915
$
305,507
$