The Treasurer's Office is responsible for investing, balancing and accounting for all town funds. The office processes all town receipts, disburses all payroll and vendor payments and issues both short and long-term debt. The Treasurer also serves as the sole Trustee for the town's OPEB (Other Post-Employment Benefits) Trust. The Treasurer's Office also provides payroll services to all Town employees.

In addition to the above, the Treasurer also assists the Trust Fund Commissioners in managing the Town's various trusts. The Town's Trust Funds provide funding for annual scholarship awards through donations to the Littleton Scholarship Trust, funding for the Littleton Lyceum, Westlawn Cemetery, Littleton Public Schools and the Rueben Hoar Library. The Trust also awards annual scholarships through the FM Kimball Second Fund and the John C. and Eunice B. Morrison Scholarship Fund.

  1. Financial Policies
  2. Audited Financial Statements
  3. Cash & Debt Management

Financial Management Policy

A successful financial management policy provides a clear framework for decision-making and helps to ensure that financial resources are utilized in the most effective and efficient manner possible. It is intended to provide best practice guidelines to ensure a consistent method of dealing with the annual budget process and year to year financial planning for all boards, committees and the overall financial needs of the Town. 

This policy covers a wide-ranging selection of topics dealing with the overall financial health of the Town and establishes guidelines to be followed in the annual budget process.

The following appendix is also part of the overall Financial Management Policy:

Investment Policy

The Investment Policy provides guidelines for the management and investment of all Town funds under the control of the Treasurer and Assistant Treasurer.  The policy includes guidelines for managing investments, including the types of investments that are allowed, the level of risk that is acceptable, and the procedures for monitoring and reporting on investment performance.