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Finance Department

Phone:
(860) 423-9634
x
110
Fax:
Primary Contact:
David Zito, Treasurer
Treasurer
Town Hall - 2nd Floor
9 Devotion Rd
Scotland
,
CT
06264
Hours of Operation
varies, please email for appointment if needed

About

The Board of Selectmen acts as the Board of Finance in Scotland. In this capacity, its job is to develop an annual budget for day-to-day operations and a five-year capital improvement plan for major maintenance and replacement of town-owned capital assets such as buildings and equipment. The budget is presented at a hearing prior to the annual town meeting. 

The Finance Department is overseen by a treasurer, who is the chief financial officer of the town. His or her duties include:

  • Reconciling and auditing all Town bank accounts;
  • Management and funding of all payroll and vendor warrants;
  • Borrowing funds as voted by Town meeting for Capital Projects;
  • Investing town general funds and trust funds;
  • Maintaining records of Performance Bond accounts;
  • Maintaining schedules for long-term and short-term debt obligations;
  • Preparing monthly and quarterly cash reconciliations.

The Department also includes a bookkeeper, who is responsible for paying bills under the supervision of the treasurer, and maintaining financial records. 

The town’s finances are audited annually by an outside firm whose report is presented to the Board of Selectmen and filed with the State Office of Policy and Management (OPM). Audits are intended to turn up errors as well as questionable practices, and to aid the town in correcting practices that do not comply with norms, standards, and laws.

Current information/documents can be found in the "Resources" box to the right. Older information can be found in the "Files & Documents" listing at the bottom of the page.

All audits performed for Scotland for the previous 6 years (including the most recent), can be found on the Electronic Auditing Reporting System (EARS) managed by OPM.



Meetings

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Staff & Contacts

David Zito
Treasurer
Term:
-
Susan Lambert
Bookkeeper
Term:
-

Staff & Contacts

David Zito
Treasurer
860-423-9634
Susan Lambert
Bookkeeper
860-423-9634

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Files & Documents

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Date
Type
Title
Jul 24, 2024
Report
Jun 13, 2024
Budget
Jun 13, 2024
Budget
Mar 27, 2024
Report
Sep 30, 2023
Report
Feb 8, 2023
Report
Jan 12, 2023
Report
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