The Finance Department of the Town of New Canaan is responsible for managing the financial affairs of the town, including property tax assessment and collection. With a population of about 20,500 and an annual budget of approximately $165 million, the department ensures the prudent use of taxpayers' money through fiscal oversight, accounting, revenue collection, and financial reporting. In addition to managing the town's finances, the Finance Department plays a key role in developing and administering the Town-wide budget, managing fixed assets, handling cash and investments, and overseeing debt management and purchasing. Committed to adhering to the Town Charter, Government Accounting Standards Board (GASB), and Generally Accepted Accounting Principles (GAAP), the department ensures transparency and accountability in all financial transactions of the Town of New Canaan.
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