Finance committee hears payroll reconciliation update; 401(a) contributions remain outstanding

The Westfield Finance Committee on May 27 received an update on the city payroll reconciliation process and outstanding retirement contributions after the Clerk Treasurer's Office reassumed payroll duties.

City administration staff told the committee that the Clerk Treasurer’s Office has hired a new payroll manager and "as of the last payroll has completely taken over all of the payroll duties," with Baker Tilly continuing to advise on aspects of the work. The administration identified two remaining reconciliation items: accruals (paid-time-off and sick-time calculations) and 401(a) contributions for public safety employees.

Why it matters: the unresolved items affect employee retirement contributions and require accounting adjustments that could prompt a council…