Budget & Finance
The activities of the Department of Budget & Finance cover a wide range, from basic bookkeeping to compiling and analyzing financial data in order to assist the Township Manager, Assistant Township Manager, and Board of Supervisors in making strategic decisions. The Department's duties and responsibilities include, but are not limited to, the following:
- Accounting functions
- Banking and Investment functions
- Accounts Payable
- Accounts Receivable
- Financial Reporting
- Federal & State Reporting
- Budget Support & Preparation
The Department of Budget & Finance is responsible for compiling current and prior year financial data and using it to prepare estimates of expected income and expenses for use in the Annual Budget. The Department, under the leadership of the Assistant Township Manager, prepares the annual budget on behalf of the Township Manager. The budget preparation process typically commences in July and continues until final adoption by the Board of Supervisors in December.
Audited Financial Statements
The Township is audited annually by a Certified Public Accounting Firm. Auditors report the Township’s financial condition to the Department of Community and Economic Development by April 1st of each year using DCED Form DCED-CLGS-30 Annual Audit and Financial Report.
In addition to the DCED report, the Auditors prepare the Annual Financial Statements and Independent Auditors Report. The Director prepares the Management Discussion and Analysis. These reports are combined as one document and presented to the Board of Supervisors as the Annual Financial Statements and Required Supplementary and Supplementary Information.
The Department of Budget & Finance consists of the Assistant Township Manager, the Coordinator, Financial Operations, the Operational Accounting Specialist, the Staff Accountant, and two part-time Customer Service Representatives.