Treasury

What Does the Village Treasury Department Do?

The Village Treasury Department plays a vital role in maintaining the financial health and accountability of the Village government. Its primary mission is to manage the Village’s finances with transparency, accuracy, and efficiency, ensuring that taxpayer dollars are handled responsibly and in accordance with New York State laws.

Key Responsibilities:

1. Revenue Collection:

The Treasury Department is responsible for collecting all revenues due to the Village, including property taxes, water and sewer payments, permit fees, fines, and other municipal income.

2. Financial Management & Reporting:

It oversees the proper accounting of all funds, maintains financial records, and prepares regular reports for the Village Board, auditors, and the public. This ensures clear oversight and supports informed decision-making.

3. Budget Implementation:

Working closely with the Village Board and Administrator, the Treasury Department develops the annual budget, monitors expenditures and revenues throughout the fiscal year to ensure the Village remains on track financially.

4. Disbursement of Funds:

All Village bills and payrolls are processed through the Treasury Department. This includes issuing payments to vendors, employees, and contractors, ensuring timely and accurate transactions.

5. Debt Management & Capital Planning:

The Department assists with managing the Village’s long-term financial planning, including issuing bonds for capital projects and ensuring proper debt service payments.

6. Compliance and Audit Coordination:

It ensures compliance with state and federal financial regulations and coordinates annual independent audits to maintain public trust and financial integrity.

LATEST BUDGET

The Village Treasury Department is here to ensure that every dollar is tracked and spent wisely, helping to support services that keep our community running smoothly—from public safety and infrastructure to parks and community programs.

If you have any questions about Village finances, tax payments, or budget information, we encourage you to contact the department. We are here to serve you.