Cash Management
RECEIPTS AND DISBURSEMENTS
All town funds flow through the Treasurer's Office including approximately $25 million raised and appropriated in Article 4 at the Annual Town Meeting to operate town government and schools. We also receive and disburse approximately $26 million in Electric Department and Water Department revenues.
DEBT
The town's debt obligations are as follows:
| Total outstanding permanent debt including Town, Water and Electric as of 6/30/03: |
$39,408,379 |
| Outstanding temporary borrowing in anticipation of issuing bonds: |
$3,885,000 |
| Authorized and un-issued debt: |
$13,900,000 |
| Littleton's Bond Rating is: |
A1 (Moody's)
A+ (Standard and Poor) |
|