Department of Finance
The Treasurer and the Department of Finance are responsible for all financial business of the Town of Litchfield that ranges from tax collection to auditing expenditures. The Department processes payroll and accounts payable, maintains financial records for all departments of the Town and advises the Board of Selectmen, Board of Finance and Treasurer. In addition, the Department assists the First Selectman in the preparation of the annual operating budget and preparation of Official Statements used for bond offerings. Additional duties include establishing proper accounting and reporting procedures, Tuesday, June 17, 2008 grant administration and supervision of the annual independent audit.
2008-2009 Budget was adopted May 14, 2008.
The 08-09 budget of 25.5 mills is a 1.59% increase in taxes. The average assessed home at $200,000 has an $80 increase in taxes from $5,020 to $5,100. |