Why should we create a financial management team and who should be included?
Sound financial management requires coordination among municipal offices and departments
with financial responsibilities. This includes sharing information and resources so that
timely, informed policy and budgetary decisions can be made and implemented. Through
regular meetings, financial officials can monitor current financial activities and operations, as
well as plan for the future. It is recommended that the team include the mayor/board of
selectmen chair, finance committee chair, chief financial officer/finance director, assessors,
collector, treasurer, town accountant/city auditor and major department heads.

Show All Answers

1. How is a community's state aid calculated?
2. What triggers the release of Cherry Sheets?
3. Why should we create a financial management team and who should be included?
4. Can town meeting/city council increase an item included in the annual budget?
5. Do the Assessors determine the estimated receipts used in setting the tax rate?
6. Can the town accountant/city auditor refuse to process a bill for payment?