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Accounts Payable X
Accounts Receivable X
Cash Receipts (1) Accounting Bank deposit
Cash Disbursements (2) Accounting Signature
Operating Budget X
Capital Budget X
Financial Planning, long-range & capital X
Financial Policies X
Financial Procedures X
Financial Reporting (internal & external)(3) X X
Financial Systems (includes payroll) X
Grants management X
Fixed Assets X
Debt Issuance/Management (4) X X
Internal/External Audits & Controls X
Employee Benefits/Pensions X
Payroll (5) X Signature
Purchasing X
Investments (6) X (BOF) X
Labor negotiations support X

(1) Cash receipts: Sources of cash receipts will prepare a duplicate revenue form, one to go to
Finance and the other with the cash to the Treasurer. The Treasurer will attach the bank receipt
to her copy of the revenue form and submit to Finance for matching and accounting.
(2) Cash disbursements: Checks will be prepared upon order of the Board of Selectmen, and will be
signed by the Treasurer. Documentation will be provided to her to satisfy her duties under CGS
Section 7-80.
(3) Financial Reporting: The Treasurer will prepare a list of bank accounts and balances monthly,
reconciled to the general ledger by fund. That report can be submitted directly to the Board of
Finance each month. The Department of Finance will prepare and disseminate @

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 , including budget to actual, revenue and expenditure statements,
capital projects status statement, etc.
(4) The Director of Finance will prepare all documents, statements, etc., in conjunction with town
borrowing, either short term or long term. The Treasurer will provide her signature to satisfy her
responsibilities under CGS Section 7-80.
(5) Payroll: Checks will be prepared by the Town͛s payroll processor, and will be signed by the
Treasurer. Documentation will be provided to her to satisfy her duties under CGS Section 7-80.
(6) Investments: The Director of Finance will provide cash management advice to the Board of
Finance and will carry out their direction regarding investments. The Treasurer will provide her
support to satisfy her responsibilities under CGS Section 7-80.