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Commission hears how budget schedule, Munis and auditor contracts work in New Canaan
Summary
CFO Anne Kelly Lenz explained New Canaan’s budget calendar, use of Munis (Tyler) and QDS for tax collection, and the town’s typical multiyear audit contract with annual engagement letters; commissioners flagged charter wording that could be simplified.
New Canaan — Members of the Charter Revision Commission spent part of their Feb. 12 session reviewing Article 5 language that governs the town’s budget schedule, accounting systems and auditor engagement.
Anne Kelly Lenz, the town CFO, said the town uses Munis (Tyler) for financial accounting and QDS for tax collections and that the town’s year-end accounting is a modified-accrual process that requires reconciliation with school data…
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