Town of Silverthorne, CO
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The Finance & Administrative Department is responsible for financial reporting and management, financial planning, revenue collections and account payables. The department prepares financial statements, maintains the accounting system and prepares annual financial reports in accordance with policies and procedures of Generally Accepted Accounting Principles (GAAP). Financial planning includes the development of five-year long range plans, preparation of the Town's biennial operations and capital budgets.
Revenue collection consists of sales and lodging tax collections, charges for services, utility billing and other accounts receivables.
The Town of Silverthorne is launching a new partnership with PaymentWorks to enhance the efficiency and security of our vendor payment process. PaymentWorks (www.paymentworks.com) is a secure, self-service portal where vendors can enter and manage their remittance address, tax information, insurance documents, and banking details. This initiative is an important step in strengthening Silverthorne’s financial operations and ensuring quicker, safer payments to our vendors.
