04222 Finance Department

Find 04222 finance departments, DFS, and DOF. Finance departments provide information on financial services, finance, taxation, and banking.

Freeport Finance Department 30 Main Street Freeport ME 04032 7.1 miles from 04222 207-865-4743

Brunswick Finance Department 28 Federal Street Brunswick ME 04011 8.8 miles from 04222 207-725-6652

Bath Finance Department 55 Front Street Bath ME 04530 16.1 miles from 04222 207-443-8338

Portland Finance Department 389 Congress Street Portland ME 04101 21.4 miles from 04222 207-874-8491

Westbrook Finance Department 2 York Street Westbrook ME 04092 21.7 miles from 04222 207-591-8130

Gardiner Finance Department 6 Church Street Gardiner ME 04345 26.0 miles from 04222 207-582-6891

Waterville Finance Department 1 Common Street Waterville ME 04901 48.0 miles from 04222 207-680-4248

Rockland Finance Department 270 Pleasant Street Rockland ME 04841 50.8 miles from 04222 207-594-0307

Finance Departments Near Me

About Finance Departments

What happens to unspent funds or unanticipated revenues?

As a general rule, these funds are added to the entity's Fund Balance at the end of the fiscal year. The Fund Balance is the organization's reserve and may be referred to colloquially as a "rainy day" fund. In some cases, the entity's legislative body may direct the funds toward an unmet need, such as a capital improvement project.

What are general obligation bonds?

General obligation bonds are bonds issued by a state, county, or local government that are backed by that entity's full faith and credit. This means that the government has guaranteed that it will generate tax revenues in order to pay back the bonds. General obligation bonds are commonly used for schools, roads, and other public improvements, and they are usually exempt from state and local taxes.

What is a Comprehensive Annual Financial Report?

A Comprehensive Annual Financial Report (CAFR) is a document prepared by a governmental entity that includes its audited financial statements and additional financial and operational information about the organization. The CAFR meets standards set by the Governmental Accounting Standards Board.