Documents and reports

As part of the Finance function, the Department publishes annual budget, audited financial reports, and other schedules.

Town Budget


By June 30 of each year, an operating and capital budget must be presented and approved by the City Council. This process begins in January/February of each fiscal year where the Finance Budget team discuss organizational goals with each departments and interested committee members. These goals are translated to budgetary numbers and presented to the City Council and the Finance & Investment Committee in May of each fiscal year. 

Financial Report


At the close of each fiscal year, the Department is required to complete year-end close and prepare a financial statement for the Town's auditor to review and validate the accuracy of the financial statement in all material aspects. From testing performed during interim and final audit, the Town auditor would assert an opinion. That opinion is included are part of the audited financial statement.  The report, the auditor's opinion, and a management letter is presented to the City Council and the Finance & Investment Committee in November/December of each fiscal year. 

Fee Schedule


Best practice dictates that the Town's fee schedule be reviewed and updated every three to five years to ensure that service charges are reasonable and does not exceed the cost of rendered services. The Town's User Fee Schedule was last reviewed and updated in 2013 and the residential sewer charges were last updated in 2015.