Finance

Overview

The department of Finance operates under the direction of its Finance Director, Robert Daddario, CPA, CGMA, who serves as the Chief Financial Officer of the Town. This department’s goals are to establish and implement internal controls and financial and accounting policies that will facilitate the most effective and efficient use of the Town’s financial resources.

Responsibilities

The finance departments is responsible for disseminating financial information to stakeholder’s, both internal and external, and assisting and supporting other departments of the Town in meeting their service objectives by allocating and monitoring the Town’s financial resources. It is also responsible for the administration of the Town’s financial and fiscal affairs which include establishing accounting policies and procedures, establishing and monitoring internal controls, financial planning and analysis, coordination of the Town’s annual audit, processing and recording daily fiscal activities in accordance with generally accepted governmental accounting principles, budget coordination and monitoring, preparation of financial reports, and providing support on fiscal and financial matters.

Services

• Budget preparation and administration
• Preparation of the Town's annual financial statements, including the Comprehensive Annual Financial Report
• Accounts payable/receivable
• Revenue collection
• Cash management
• Debt management
• Risk management and loss prevention
• Payroll