Finance Department

The Town of Webster Finance Department is located at the Town Hall. Finance Department employees handle all day-to-day operations, including original entry, cash transfers, cash receipts, banking, purchase orders, monthly bill paying, bi-weekly payroll and personnel issues.

The Director of Finance position encompasses the following areas of responsibility:

• Investment of funds and recommendation of products that yield the greatest financial return while maintaining safety. Funds are invested in conjunction with the Town investment policy.
• Implementation of an internal control system to ensure the safeguarding of Town assets.
• Maintenance of fixed asset records in accordance with the established policy.
• Assists the Town Supervisor in preparing and controlling the Town's budget by coordinating submissions, compiling data, providing information to Town department heads, figuring tax rates and handling budget transfers.
• Coordination of serial bond issues and related instruments.
• Participation on the labor negotiations team for the Town's three unions.
• Compilation and maintenance of the Town Policy Manual.
• Chairperson of the Town Personnel Committee.
• Interpretation and implementation of New York State Audit and Control accounting releases as well as the standards set forth by the Governmental Accounting Standards Board.
• Preparation of monthly and quarterly internal financial statements.
• Preparation of the annual report for the State Comptroller's Office. Also assists our independent auditors in preparing the comprehensive annual financial statement.