The Finance Department is responsible for all fiscal concerns of the Borough including:
Budget preparation and expenditure control
Financial reporting and projecting
Property and inventory control
All Borough deposits and banking transactions
Coordination of independent auditors
Data analysis to guide decision making
In combination with the Borough Manager, the Finance Department creates an annual budget for each fiscal year, January through December. The budget is then presented to Council, open to public comment, edited, and adopted by Council Resolution by the end of the previous fiscal year. The budget process formally begins in August. In addition to the annual operating budget, the Borough also maintains a 5 year Capital Improvement Plan to budget for equipment, infrastructure, and facilities.