What is the role of the Finance Department in Newbury?

The Finance Department consists of four divisions headed by the Town Administrator.  The Town Administrator manages and directs the tax collection process, plans and coordinates the town’s financial policies, leads the budget process and manages the Town’s debt service.  The Town Treasurer serves as custodian of all town funds and is responsible for cash and investment management.  The Collector is responsible for managing the collection of real estate, motor vehicle, boat and personal property taxes, as well as all other revenues due to the town.

The Town Accountant also reports to the Town Administrator and is appointed subject to the approval by the Board of Selectmen.  The Accountant is responsible for ensuring that all town financial practices are consistent with the general laws of the Commonwealth.  The Accountant prepares town financial reports which are submitted to the state Department of Revenue and approves all bills and prepares the payroll and vendor warrants for the approval of the Board of Selectmen.

In Newbury, the Finance Department is staffed by the Treasurer/Collector, Assistant Treasurer/Collector, and the Town Accountant.