The Finance & Treasury Department handles all general accounting, purchase orders, accounts receivable, accounts payable, payroll, investments, debt administration, and provides the overall management, direction, and planning of the fiscal affairs of the Town. The Finance & Treasury Department also oversees the Tax Collector and Assessor Offices and is aligned with the following Boards and Commissions: Board of Assessment Appeal; Cemetery Committee; Capital Improvement Plan; Cultural Commission; Board of Finance; and Pension Committee.

Vision Statement

The Finance and Treasury Department strives for excellence in the development and implementation of innovative programs and processes while providing high quality customer service and sound financial management advice with a professional, courteous, knowledgeable, and respectful department staff.

Mission Statement

Being responsible for the overall financial management of the Town, the Finance and Treasury Department ensures that Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards (GAS) are followed and appropriate internal controls are in place to safeguard Town assets and ensure the accuracy of its financial reporting. We develop and implement financial policies and procedures that ensure a financially strong and effective Town government along with providing guidance and assistance to maintain the financial integrity of the Town and its departments, commissions, and committees.

Value Statements

Stewardship: We practice sound financial management and are committed to ensuring the efficient and effective use of Town resources.

Integrity: We provide services in an honest, ethical, open, courteous, caring, and concerned manner, respecting all people and the free exchange of ideas.

Excellence/Quality: We are committed to achieving the highest levels of customer satisfaction. We value innovative, timely, efficient, solutions-oriented, and cost-effective services. We provide leadership in delivering proactive financial solutions and services in support of Town operations.

Employee Focus: We are committed to the success of our employees as they are our most valuable resource.

Teamwork: We value the contribution our staff makes in achieving our mission and we support and encourage teamwork and personal development to ensure a high level of competence, expertise, and satisfaction.

Communication: We communicate with our customers, partners, and internally to assure the highest levels of satisfaction. We actively seek partnerships opportunities and solicit employee and customer input and respond to their concerns.

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CAFR Reports25 documents

• FY 2009-2010 CAFR Report
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• FY 2010-2011 CAFR Report
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• FY 2011-2012 CAFR Report
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• FY 2012-2013 CAFR Report
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• FY 2013-2014 CAFR Report
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• FY 2014-2015 CAFR Report
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• FY 2014-2015 Federal & State Single Audits
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• FY2015-2016 CAFR Report
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• FY 2015-2016 State Single Audit
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• FY2016-2017 CAFR Report
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• Somers FY 2017 State Single Audit
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• Somers FY 2018 CAFR
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• Somers FY 2018 Single Audit
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• Somers FY 2019 CAFR
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• Somers FY 2019 State Single Audit
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• Somers FY 2020 CAFR
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• Somers FY 2020 State Single Audit
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• Somers FY 2021 Financial Statements
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• Somers FY 2021 State Single Audit
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• Somers FY 2022 Financial Statements
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• Somers FY 2022 Single Audit
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• Somers FY 2023 Financial Statements
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• Somers FY 2023 Single Audit
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• Somers FY 2024 Financial Statements
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• Somers FY 2024 Single Audit
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Budget Information11 documents

• Revised Budget Information FY 2012
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• Proposed FY 2012-2013 Detailed Budget Information
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• Budget Flyer FY 2011-2012
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• Budget Flyer FY 2012-2013
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• Budget Breakdown FY 2014-2015
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• Budget Flyer FY 2015-2016
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• Budget Overview FY 2015-2016
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• Fiscal Year 2016-2017 Budget Information
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• FY19 Budget Book
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• Budget Book FY 2020
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• Budget Book FY2024
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Miscellaneous Finance Links2 documents

• How Mill Rate Increase Will Affect Taxes
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• RFP Summary of Audit Fee Schedule 2012
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Bond Issuance – 20201 document

• CT General Obligation Bonds, Issue of 2020 POS & NOS
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