About the Department

Accounts & Contracts
The City of Montpelier has 22 active funds, 10 departments and 4 labor contracts/employee plans. Montpelier has $59 million dollars invested in capital assets financed by 41 loans that total $23 million dollars. The annual operating budgets for the City’s governmental and business-type activities total $18 million dollars. Our Chart of Accounts has over 2200 accounts which is an indication of the complexity of our financial structure.

In addition to processing the City’s financial transactions, the Finance Department is responsible for the deposits and cash management for the Montpelier School System and the Recreation Department. Annually, $56 million passes through our City bank account.
Treasurer Functions
Our department completed a major reorganization which began in 2011 when the city treasurer position became an appointed rather than elected position. We combined the treasurer functions with the Finance Department to increase efficiencies and strengthen financial controls. After retiring as the City Clerk/Treasurer, Charlotte Hoyt returned to city employment in August, 2012 in a part-time finance position which also includes her responsibilities as the appointed city treasurer. Sharon Blatchford, our Payroll and HR Manager, oversees employee compensation and continues to work toward our goal of strengthening human resource services as recommended in the Matrix Management Study.

The department also relies on Senior Staff Accountant, Ruth Dockter and Accounting Manager, Kristine Hepburn to oversee daily financial activity and prepare financial reports. Beverlee Hill, previously the Assistant City Manager and Delinquent Tax Collector, retired in June 2012 and returned to city employment as a part-time tax collector and assistant to the City Manager. Loretta Bresette provides support in the Clerk’s office and processes our Water and Sewer utility billing. Peggy Buldoc also works in the Clerk’s office. She provides customer service along with processing our daily cash receipt transactions.

Finance Department Technology Division
The Finance Department’s Technology Division provides technology support services to all city departments. We are pleased that Seth Wood, Technology Support Technician, joined our Finance/Technology Division in May of 2014. Seth works with Fred Skeels, Information Technology and Communication Manager to maintain and safeguard the citywide computers, networks and telephone technology systems.