Text · page 76 of 155
Read the whole document on one page (all 155 pages, each with its own heading)
EXHIBIT A 18. Debt: a) Assist with the accounting for the issuance and payment of bonds, bond anticipation notes and leases b) Provide the Town's Fiscal Advisors various accounting information and statistics 19. Budget monitoring: a) Compare actual revenues and expenditures to the adopted budget b) Present actual to budget performance comparison periodically to the Town Board c) Meet with department managers as appropriate to analyze operational and financial data and compare to departmental objectives and needs d) Propose budget amendments and transfers to the Town Board e) Draft budget transfer resolutions as requested 20. Budget assistance: a) Consultation and meetings b) Budget preparation c) Budget proof and review d) Tax cap submission assistance e) Fund balance projections 21. Final budget and tax rates: a) Final proof and printing b) Preparation and review c) Submission 22. Health insurance: a) Oversee accounting for active employees and retirees health insurance including the processing of claims, payment of premiums and billing of retirees 23. Annual independent audit (as necessary): a) Compile information for the annual audit b) Assist in providing auditors with reports and schedules c) Assist with responses to any questions or requests from the auditor d) Follow up on prior years' management letter comments issued by the auditors 24. NYS Annual Financial Report (AFR) 25. Other items: a) Monitor the use of, and adjustment to, the Town's fund balances b) Assist with preparation of demographic statistics related to the Town's other postemployment benefits c) Assist the Town with implementation of Governmental Accounting Standards Board (GASB) statements d) Estimate potential cost impacts of decisions relating to union contract negotiations e) Provide guidance, including relevant financial information and suggestions, to the Town Board in their decisions 76