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Finance
Overview
The Finance Department oversees all accounting and finance functions for the Town by emphasizing innovation and data-driven decision-making. Accounting duties include abiding to proper governance* for the reporting and compliance of all transactions, billing and collection of utility service funds, and compiling financial documents. Finance responsibilities include management of the cash investment portfolio, ongoing monitoring of budgetary status, and fiscal input on upcoming operating and capital improvement projects.
*Our main governance bodies as a municipality are the Colorado Revised Statutes (CRS), Internal Revenue Code (IRC), and Governmental Accounting Standards Board (GASB).
Responsibilities
- Utility Billing
- Email Utilities
- Billing Questions
- Start or Stop Town-Provided Services
- Water
- Wastewater
- Accounts Payable
- Email Invoices
- Tracking of Vendor Information
- Timely Payment of Invoices
- Accounts Receivable
- Request for a Town W-9
- Tracking of Developer Deposits
- Financial Reporting
- Preparation of Monthly Financial Statements
- Submission of State and Federal Compliance Reports
- Coordination of the Annual Audit
- Payroll
- Tracking of Employee Timesheets
- Processing of Direct Deposits
- Grant Compliance
- Submission of Project Reimbursement Requests to Granting Agencies
- Preparation and Management of the Statutory Annual Budget
- Sales Tax Licensing (Coming Soon)
- Currently, the Town of Severance only requires vendors to have an active Colorado Account Number with the State of Colorado Department of Revenue
- For More Information, Visit the State of Colorado Department of Revenue Website
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Jacquelyn Grossnickle
Finance Director
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Finance
Physical Address
3 S. Timber Ridge Parkway
Severance, CO 80550
Operations Hours
Monday through Friday
8 am to 5 pm