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Department of Municipal Finance, reporting to the Director of Municipal Finance, shall be <br /> responsible for management of all the assessing functions for the Town. A three member <br /> Board of Assessors appointed by the Board of Selectmen shall be a part of the Department <br /> of Municipal Finance, and shall continue to make decisions on any matters of statutory <br /> independence, which they are required to make under Massachusetts General Laws. <br /> E. The functions of the consolidated Department of Municipal Finance shall include the <br /> following: <br /> 1) Coordination of all fiscal and financial activities and services; <br /> 2) Maintenance of all accounting records and other financial statements; <br /> 3) Payment of all financial obligations; <br /> 4) Receipt of all fines due, either directly or via the responsible Department Head; <br /> 5) Assistance to all other Town departments or offices in any matter related to financial <br /> affairs; <br /> 6) Specifically, discharge the duties of Town government related to accounting, treasury, <br /> revenue collection, assessing and financial risk management; <br /> 7) Responsibility for financial planning, and coordination of all financial planning and the <br /> capital budgets; <br /> 8) Monitor the expenditures of all funds, including periodic reporting to the appropriate <br /> agencies of the status of accounts; <br /> 9) Such matters as may be determined necessary from time to time by the Town Manager <br /> and the Board of Selectmen. <br /> 10)The Director of Municipal Finance, in conjunction with the Town Manager, shall be <br /> responsible for coordinating the annual Town operating budget process as well as the <br /> capital budget process. This would include activities such as requests and guidelines <br /> for department budgets, preparation of financial forecasts of receipts, working with <br /> and providing necessary advice to the Town Manager, the Board of Selectmen and the <br /> Finance Committee during their evaluation and consideration of the Town budget, <br /> consolidating and preparing the final budget submission to the Town Meeting. <br /> 11)While it is the intent of this article to create a Department of Municipal Finance under <br /> the management of a Director of Municipal Finance who initially will also be the <br /> Town Accountant, the Director of Municipal Finance may also serve as Treasurer/Tax <br /> Collector, Director of Assessing, Accountant, or any combination of the above, <br /> provided that no one person shall hold both the Accountant and Treasurer/Tax <br /> Collector positions at the same time. Likewise the officers appointed may serve in <br /> more than one capacity provided that Accountant and Treasurer shall not be combined. <br /> Submitted by the Board of Selectmen <br /> Explanation: Pursuant to the provisions of the Mashpee Home Rule Charter, Section 5-1(b) and <br /> Section 5-5, Town Meeting may adopt a By-law establishing a Department of Municipal Finance <br /> responsible for the performance of the fiscal and financial duties and responsibilities of the Town. <br /> The consolidated Department of Municipal Finance proposed by this Bylaw will consolidate the <br /> functions of the offices of the Town Accountant, Town Treasurer/ Tax Collector and Board of <br /> Assessors under the supervision and control of the Director of Municipal Finance/Town Accountant <br /> who will report to the Town Manager and who shall be appointed by the Town Manager. Each of <br /> 32 <br />