The City of Montpelier has 28 active funds, 10 departments and 4 labor contracts/employee plans. Montpelier has $122 million dollars invested in capital assets financed by 32 loans that total $24 million dollars. The annual operating budgets for the City’s governmental and business-type activities total $27 million dollars.
In addition to processing the City’s financial transactions, the Finance Department is responsible for the deposits and cash management for the Montpelier School System and the Recreation Department.
Our department completed a major reorganization which began in 2011 when the city treasurer position became an appointed rather than elected position. We combined the treasurer functions with the Finance Department to increase efficiencies and strengthen financial controls. After retiring as the City Clerk/Treasurer, Charlotte Hoyt returned to city employment in August, 2012 in a part-time finance position which also includes her responsibilities as the appointed city treasurer. Tanya Chambers, our Payroll and HR Manager, oversees employee compensation and continues to work toward our goal of strengthening human resource services as recommended in the Matrix Management Study.
The department also relies on Finance Director, Todd Provencher, Senior Staff Accountant, Ruth Dockter and Accounting Manager Heather Cleveland to oversee daily financial activity, prepare financial reports and assist with water/sewer utility billing. Finance Clerk, Peggy Buldoc provides customer service along with processing our daily cash receipt transactions.
Finance Department Technology Division
The Finance Department’s Technology Division provides technology support services to all city departments. We are pleased that Seth Wood, Technology Support Technician, joined our Finance/Technology Division in May of 2014. Seth works to maintain and safeguard the citywide computers, networks and telephone technology systems.