Tuesday, April 21, 2009

Live reporting - Controller, Legal

Financial services, fixed asset update is done with an outside consultant. It is an annual expense and done at the end of the year.

Up to 2002, the Town used outside council. When Jeff came in, he thought it would be better to have that service in house. Cost avoidance is done by awareness and on-going training. The bylaws and town regulations have been re-written over time to ensure the best legal position.

Mid-to-late 80's this budget line items was quarter million dollars. Effectively, the process of having our lawyer in-house saves us money.

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