The Finance Department is responsible for the Town’s general ledger accounting, utility billing and collections, payroll, accounts payable, accounts receivable and employee retirement plan administration.  The Department is also responsible for the preparation and control of the Town’s Budget and providing other departments with financial analysis.  State law requires that all local governments publish a complete set of financial statements presented in conformity with generally accepted accounting principles (GAAP) and have an audit performed by a licensed CPA firm.  To conform with this requirement, our department issues the Town’s Comprehensive Annual Financial Report (CAFR).  The Town has received the Certificate of Achievement for Excellence in Financial Reporting from the Governmental Finance Officers Association (GFOA) for the past 22 years.