The Finance Department is responsible for providing financial reporting, policies and procedures, services and support to other municipal departments. The key responsibilities of the department include:

• providing information, reports and analysis to Council and Department Managers regarding financial operations;
• establishing and maintaining accounting systems and procedures relating to financial activities for municipal operations;
• billing and collecting municipal taxes;
• preparing the operating and capital budgets;
• processing accounts receivable and accounts payable;
• managing cash, investments and borrowing of funds;
• overseeing asset management planning;
• long-term financial planning including debt management;
• managing the annual audit function; and
• preparing the annual financial statements.

The Chief Administrative Officer for the town oversees the Financial Services Department. The Chief Administrative Officer is appointed by Council and reports them.

• Municipal Finance Officers' Association Of Ontario