Finance Director's June 2015 Report

June 2, 2015

TO: Neil Fulton, Town Manager

FROM: Robert Robinson, Finance Director

RE: Finance Department Monthly Report for May

  • Delinquent Tax collections through last May were $11,846. Delinquent Taxes as of May 31, 2015 are $142,545. Last year at the end of May they were $158,682. Interest collections were $2,301 and the penalty collections were $948.
  • Continue to monitor spending and year end projections.
  • Updated written procedures for Payroll and Accounts Payable to reflect banking and procedural changes.
  • Reviewed grants in process and closed grants.
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