Finance Department
Finance Department
The Finance Department is dedicated to maintaining accurate financial records and providing timely reporting for Township Supervisors, Township Departments, and the citizens of Springettsbury Township. The Department follows the accounting standards governed by the Government Accounting Standards Board (GASB) and is committed to fiscal transparency for effective public financial management for the community it serves. In addition, the Finance Department is an active member of the Government Finance Officers Association (GFOA), meeting the highest GFOA standards with national recognition for budgeting and reporting.
The Finance Department is responsible for the following Township accounting activities:
- Provide excellent customer service for internal and external customers
- Implement and maintain effective internal controls
- Prepare annual budgets and monitor revenues and expenditures
- Develop 5-year Capital Improvements Plan
- Support strategic planning process and capital improvement projects
- Complete financial analysis and reporting
- Supervise cash management of Township funds
- Reconcile Township funds and accounts
- Manage Township audits at local, state, and federal levels
- Provide financial support for grant administration and required audits
- Meet state and federal reporting obligations
- Analyze and monitor Township bond financings and debt service requirements
- Provide accounting and utility billing services for the Wastewater Treatment Facility
- Support Springettsbury Township Development Authority financial operations
In June 2024, Springettsbury Township’s credit rating was increased to AA from AA- by S&P Global Ratings. This rating increase was due to the financial success of the Township and the positive economic outlook in the community. According to the S&P Global report, ‘Springettsbury’s strong financial management, given its well embedded fiscal policies, planning and practices, is also a key credit strength that supports the rating.’
General inquiries – please contact finance@springettsbury.com or call 717-757-3521.