Finance

Overview
The Finance Department oversees all general financial operations of Bethany Beach by:

  • Developing the financial policies of the Town
  • Implementing the financial policies of the Town
  • Managing the accounting records of all Town funds

Responsibilities
The Finance Department handles all monetary matters of the Town including:
  • Preparing the annual Property Tax / Trash / Sinking Fund bill that is mailed each May
  • Preparing the semi-annual Water Usage bill that is mailed in April and October
  • Collecting and recording revenues
  • Issuing payments for purchases made and services rendered
  • Coordinating with the Town Manager and Department Managers on the annual budget for submission to Town Council
  • Working with the Town’s internal auditor to review and improve our procedures
  • Coordinating with independent auditors on the annual audit and preparation of Financial Statements
  • Investment of Town funds to provide an acceptable return on investment while ensuring adequate security and liquidity
  • Internal and external financial reporting