Finances

The Town’s annual budget, presented at a special meeting in November or December, is the result of a comprehensive and deliberate financial planning process aimed at ensuring the sustainability and accountability of municipal operations. From the beginning of the year, department managers collaborate closely to develop detailed budget forecasts that align with the Town’s strategic priorities and incorporate a forward-looking perspective. The Finance Department assumes a pivotal role by performing thorough analyses, updating financial data, and evaluating various scenarios to optimize resource allocation, including the assessment of tax rates. Planned expenditures are subsequently reviewed and approved on a monthly basis during regular council meetings, ensuring diligent and transparent stewardship of public funds for the benefit of the entire community.