The Board of Selectmen, working with the Treasurer, is responsible for all aspects of the Town's financial affairs. This includes payroll, health insurance oversight, purchasing, preparation and monitoring of the annual operating and capital budgets, establishment and monitoring of internal control procedures, investment of Town funds, coordination of debt financing, preparation of government reports, and coordinating the annual audit.
The town budgeting process begins in February and continues into the spring, culminating in the presentation of the budget at Town Meeting in May and passed by Town vote. The town fiscal year runs July 1 through June 30.