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Performance Dashboard - Finance

The mission of the Finance Department is to safeguard the Town’s assets through appropriate budgetary and financial controls, facilitate Town operations through accurate and timely processing of financial transactions, provide relevant and timely reporting of the Town’s financial condition, promote public accountability and transparency of Town financial operations, and provide financial information and analysis to support decision making.

Finance

Monthly Cash and Investment Reserve Report

Measure: Monthly Cash and Investment Reserve report sent to Town Administrator by the end of the following month

Target: Report sent to Town Administrator each month

2025 Status:   50% of reports prepared on time

2024 Status:   50% of reports prepared on time

Report Date: February, 2025

Measured: Annually

Annual Comprehensive Financial Report

Measure: Annual Comprehensive Financial Report (ACFR) submitted to the State Auditors Office by statutory deadline, typically July 31

Target: Report submitted by deadline

2025 Status:   90%

2024 Status:   90%, submitted Aug. 19, 2024

Report Date: August, 2025

Measured: Annually

Monthly Economic Dashboard

Measure: Economic Dashboard is compiled and distributed each month

Target: Dashboard sent each month

2025 Status:   100%, Dashboard sent each month

2024 Status:   100%, Dashboard sent each month

Report Date: February, 2025

Measured: Annually

Monthly Sales Tax Revenue Report

Measure: Sales Tax Revenue report is distributed by the 20th of each month

Target: Sent by the 20th of each month 80% of the time

2025 Status:   100%, sent by the 20th of each month

2024 Status:   100%, sent by the 20th of each month

Report Date: February, 2025

Measured: Annually

Five Year Capital Improvement Plan

Measure: Capital Improvement Plan (CIP) prepared and submitted with annual operating budget by Dec. 15 each year

Target: Annual CIP and budget adopted by Town Board

2025 Status:   Complete, adopted by the Town Board

2024 Status:   Complete, adopted by the Town Board

Report Date: February, 2025

Measured: Annually