Town of Kirkwood Finance Department
70 Crescent Drive
Kirkwood, NY 13795
Phone: 775-1371
Fax: 775-1372
Hours of Operation:
Tuesday – Thursday
7:45 AM – 1:45 PM
Jean Smith Bookkeeper
James R. Smith
Budget Director
Overview
The Town of Kirkwood Finance Department is
located at the Town Hall. The finance department employees handle all day-to-day
operations, including cash transfers, cash receipts, banking, monthly bill
paying, bi-weekly payroll and preparation of monthly financial statements.
The Finance Department encompasses the
following areas of responsibility:
Investment of funds and recommendation of
products that yield the greatest financial return while maintaining safety.
Funds are invested in conjunction with the Town investment policy.
Implementation of an internal control system
to ensure the safeguarding of Town assets.
Maintenance of fixed asset records in
accordance with the established policy.
Assists the Town Supervisor in preparing and
controlling the Town's budget by coordinating submissions, compiling data,
providing information to Town department heads, figuring tax rates and
handling budget transfers.
Coordination of serial bond issues and
related instruments.
Compilation and maintenance of the Town
Policy Manual.
Interpretation and implementation of New York
State Audit and Control accounting releases as well as the standards set forth
by the Governmental Accounting Standards Board.
Preparation of monthly and quarterly internal
financial statements.
Preparation of the annual report for the
State Comptroller's Office. Also assists our independent auditors in preparing
the comprehensive annual financial statement.