The Finance Department is responsible for coordinating and monitoring all fiscal matters concerning the City of Shrewsbury. The Department is responsible for payroll; collecting revenues and paying expenditures; analyzing and monitoring the City's investments; developing the annual operating budget; providing the Board of Aldermen and the Mayor with short and long-term financial forecasts and advice regarding financial affairs of the City; administering the property and liability insurance programs and overall risk management; coordinating efforts with public accountants to accomplish an independent annual audit of the City's operation; and overseeing all accounts receivable including ambulance billings and municipal court.