Budget and Finances
Staff from the Budget Division and Financial Services Department manage the budget and finances for the town, working in coordination with each other. Two volunteer boards also have annual budgets to handle funds they oversee: the Tourism Board and Tourism Development Authority.
The Annual Comprehensive Financial Report is a complete set of the town's financial statements for the previous fiscal year. Annual financial statements for the Tourism Board and Tourism Development Authority also are prepared. The Financial Services Department oversees preparation of the annual reports.
The most current reports for the town and volunteer boards are provided below. To see past reports, visit the town's archival site.
The budget is a financial plan consisting of an estimate of proposed expenditures, the proposed means of financing and the goals and objectives of expenditures for the fiscal year (July 1-June 30).
The Budget Division is responsible for preparing the town's budget.
Nonprofit agencies are welcome to seek funding from the two volunteer boards charged with overseeing the town's prepared food and beverage tax and its room occupancy tax. Occasionally, the Board of Commissioners considers funding a partnership opportunity that fulfills an identified need of the town, using the town’s strategic plan for guidance.