The Finance Office oversees all accounting, debt and cash management services for the Town of Windham; often in cooperation with the Town Treasurer.
Additionally it provides support services to the Town Administrator for preparing and administering the annual Town budget. It is the mission of the Finance Office to manage the financial resources of the town in a safe, accurate and professional manner to meet all areas of fiscal responsibility, including compliance with federal and state laws and generally accepted accounting principles. The Finance Office prepares periodic reports of the financial position of the Town for the Board of Selectmen and is responsible for all financial reporting to the NH Department of Revenue Administration.
The Town of Windham has long been a trend-setter in managing its finances, setting the bar for surrounding communities. Through the innovative use of trust accounts along with sound fiscal management, the Town has managed to keep its tax rate one of the lowest and most consistent in the region, while still accomplishing large capital projects.
The Assistant Town Administrator-Finance provides an overview of the Town's finances to the Board of Selectmen on a quarterly basis. See below for the most recent presentations.
- 2015 Q2 Financial Overview (PDF)
- 2015 Q2 Budget to Actual Expenditures (PDF)
- 2015 Q1 Financial Overview (PDF)
- 2015 Q1 Budget to Actual Expenditures (PDF)
- 2014 Year End Update (PDF)
Articles of Interest / Updates
In addition, periodic articles of interest / updates are provided for the Board of Selectmen. For the latest, please see below.
The Board of Selectmen have, for several years, discussed the Town's level of fund balance and determined the appropriate level of excess funds to be maintained as a reserve, versus being utilized to reduce the tax rate each year. See below for a trend analysis of the Town's fund balance.