The Finance Department is dedicated to providing the highest quality service through a commitment to excellence and integrity. The Finance Department is committed to providing timely, accurate, clear, and complete information and support to other city departments, citizens, and the community at large. We use Generally Accepted Accounting Principles and the Government Finance Officers Association's Recommended Practices to assure that policymakers and the community are well-informed and the Town remains fiscally strong.
The Administration Division is responsible for oversight and the general administration of the entire Finance Department, which includes Accounting, Assessment and Collection, Information Technology, and Purchasing. The Director of Finance is also Plan Administrator for the Town's Pension Plans and is responsible for all aspects of debt administration and serves as the Town Manager's chief fiscal advisor during budget deliberations.
The Finance Department is excited to announce the Town of Bloomfield's "Open Finance" website. This site allows residents to explore, at their leisure, all the financial transactions that the Finance Department processes. The site will be refreshed every week so you are able to get the most accurate, up-to-date information possible. This is just one of the steps the Town of Bloomfield is taking to provide residents with more insight into the day-to-day operations that occur.
- How much does the Town pay to the Metropolitan District Commission for sewer services?
The Town is one of 8 member towns of the MDC and makes quarterly payments treated as ad valorem taxes.
For the fiscal year July 2021 - June 2022 the Town paid approximately $3.8 million for sewer services. For fiscal year 2022-2023 the estimate is $3.9 million.
- What is the size of the Town's budget?
The tentatively approved 2022 to 2023 town budget (PDF) is $104,293,523.00 This is an increase of $7,605,324 or 7.87% compared to the Fiscal Year 2021-2022 Budget.
- How much is the budget of the Board of Education and what percent is it of the total budget?
The 2022 to 2023 Board of Education budget is $48,841,803. This comprises 46.83% of the Town budget of $104,293,62 for the 2022 to 2023 fiscal year.