Finance

Overview

The Finance Department processes and monitors the town’s full accounting function, inclusive of the general ledger, payroll and accounts payable. The department oversees the operation of:

• Tax Assessment
• Tax Collection

The department manages the town’s debt portfolio, and maintains sound fiscal management policies for the Town of Ledyard, its employees, and its residents.

Responsibilities

The Finance Department has the following responsibilities:

• Accounts Payable
• Accounts Receivable
• Audit Preparation and Review
• Bond and Short-Term Note Sales
• Budget Preparation
• Capital Assets
• Capital Projects
• General Ledger Entries
• Health Care Fund
• Pension Fund
• Purchasing