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Understanding the differences between Free Cash, Stabilization Funds and Reserve Funds

There are multiple differences between Free Cash, Stabilization Funds and Reserve Funds. However, they can all be used as a funding source for various town expenses. Free Cash is unrestricted available funds for appropriation by a majority vote, typically at Town Meeting. It should only be used for non-recurring expenses, not to balance the operating …

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Temp Treasurer / Collector Services

Is your municipality in need of a new Town Treasurer/Collector? Let our experienced, professional staff assist you with a temporary solution while you search for the perfect candidate. We can also assist in the search, interviews and training of the new hire! Give us a call to determine what services best fit your Towns needs.

Welcome Lisa Kelly as our new Senior Assessment Manager!!!

Please welcome aboard Lisa Kelly as our new Senior Assessment Manager!!!! Lisa comes to us from the Town of Mendon, where she served as the Town Accountant. Lisa has over 20 years of corporate accounting, budgeting, finance, and system implementation experience. Lisa was employed at Bose Corporation, First Data Corporation and Bristol-Myers Squibb. In 2016, …

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Welcome Karl Jacob as our new Senior Municipal Consultant!!!

Please welcome aboard Karl Jacob as our new Senior Municipal Consultant!!!! Karl comes to us with a wealth of experience, having worked throughout his career for 2 credit rating agencies, a large municipal government and a mutual fund company. In his most recent position prior to joining our firm, Karl spent 19 years with Standard …

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DLS hosts finance forum for new officials May 31

The Division of Local Services invites new municipal finance officials to a finance forum on May 31 in Worcester. Recently elected or appointed municipal finance officials will get an overview of municipal government, the budget process, the tax recapitulation process, and reserve and debt policies. The forum will be held at the Hogan Center at …

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TOWN OF HUBBARDSTON PLANS AHEAD!

hubbardston-one-page-data-sheet-final-10-29-2016 Town of Hubbardston will get answers to these critical questions. A five year financial forecast, customized forecasting tool, and Kinsherf expertise combined will help the town prepare for the future. Can we afford to sustain the current level of services in future years? What are the projected future revenues and expenses? How much can …

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