Finance Department
Welcome to the Finance Department's Web Page
The Finance Department is responsible for the Town of Milford's bi-weekly Payroll and weekly Accounts Payable for the town in addition to the following:
- Cash Receipting and Management
- Purchasing Support
- Miscellaneous Billing and Collections
- Debt Management
- General Ledger Accounting and Reconciliation
- State and Federal Financial Reporting
- Various other Financial obligations for the Town
- Property Tax Collection, see Tax Collector's Page
Additionally, the Finance Department prepares and maintains the Annual Operating Budget, along with the Town Administrator and Department Managers.
Finance Department's Mission Statement
To facilitate the exchange of accurate financial information to all members of the public, Town departments, and boards and commissions, to safeguard the financial interests of the Town of Milford, to uphold effective budgeting and budgetary controls, and to preserve internal controls, while maintaining a high level of compliance with all pertinent Federal, State and Local rules and regulations, generally accepted accounting procedures, and the Government Accounting Standards Board.