The vendor is required to provide to engage an experienced certified public accountant (“CPA”), who is licensed to practice in state to provide budget and management analyst services.
- The budget and management analyst shall have free access to all books, accounts, bills and vouchers of the town and shall continuously review and examine the same.
- The budget and management analyst will be required to perform the following:
• Serves as a resource for the town council:
o Provides information
o Conducts research
o Assists with the planning and development of projects and subcommittee assignments as directed by the council president
• As requested by the council:
o Participate with the town council in the review and analysis of departmental budget requests;
o Participates in and attends meetings;
o Performs cost and benefit analysis; and
o Provides recommendations to the budget subcommittee and the council for possible alternative courses of action to assist them in fiscal decisions.
• Examine current program operations and make recommendations to the town council on efficiency and fiscal improvements
• Perform routine budget and cost analysis on matters brought before the town council.
• Provide assistance in analyzing the financial impacts of town or school district plans, facilities, services, and operations.
• Review the accuracy and efficiency of the town’s municipal accounting systems and subsystems.
• Assists the town council with municipal affairs and reviews.
• Reviews and recommends improvements or modifications to the accounting systems for all departments.
• Investigates irregularities in accounts or inadequacies in accounting systems of municipal departments.
• Research town practices, policies, and procedures related to financial matters; and monitor compliance.
• Complete special projects and other related duties as assigned. - Actual or estimated hours
• This contract will require approximately 400 - 600 hours per year.
• The estimated number of hours per month will vary during certain times of the fiscal years, depending on matters brought before the town council.
- The FY25 budget was $80,460.00
- Contract Period/Term: 2 years
- Questions/Inquires Deadline: May 16, 2025