Littleton has a Funding Crisis

LittletonFundingFix.org

The City of Littleton is facing a serious revenue shortage due to rising infrastructure maintenance and repair costs, steadily increasing capital expenditure needs, historically low taxes, and a lack of revenue diversity.

Residents are encouraged to learn more by reading the Funding FAQs, and joining the city's Telephone Town Hall on June 30.

Current budget, proposed budget and other financial reports

The Finance Department is responsible for accounting, payroll, accounts payable, accounts receivable, annual budget, cash management, external audit, cashiering, sales tax and use collections, as well as utility billing functions for the city.

The Sales Tax Division issues licenses to all vendors to collect and remit sales and use tax. This includes businesses inside and outside of the city limits as well as home based businesses in the city.

The Accounts Receivable/Payable Division generates purchase orders, maintains vendor records, prints accounts payable checks, prepares IRS forms and oversees the Senior Refund Program.

The Budget/Audit Division prepares the annual audit, the Comprehensive Annual Financial Report and the budget document. The division also certifies the mill levy, maintains capital assets, grants, and city investments.