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Finance
Contact
Dan Hoort
Finance Director

260 Commercial St.
Provincetown, MA  02657

Ph: (508) 487-7010
Fx: (508) 487-9560

Hours
Monday - Thursday
8:00 am - 5:00 pm
Friday
8:00 am - 12:00 pm
The Finance Department oversees all financial activity of the town. Through the maintenance of independent records and by following well-defined procedures, the Finance Department documents the flow of money into and out of municipal accounts. The Department tracks revenue and expenditures and is involved in the annual budget process. The Department is also responsible for submitting reports to the Department of Revenue (DOR) including the town’s annual Schedule A and the year-end balance sheet which is utilized by the DOR to certify the town’s free cash. The Finance Director also works with the Board of Assessors and the Principal Assessor to prepare and submit the town’s Tax Recapitulation Sheet (Tax Recap) to the DOR. The Tax Recap is the official document which allows the town to set its tax rate.

Finance Department Updates . . .
06-30-14
The 4th quarter room occupancy and meals tax have been distributed by the DOR.

Room Occupancy  $96,341
The fourth quarter payment is for the February , March and April room tax receipts.  The 4th quarter deposit of $96,341 is a decrease of 27.2% over the $132,389 we received last year.  Fiscal year 2014 total room occupancy tax receipts are $1,851,886 compared to $1,736,976 for FY 2013, an increase of 6.6%. 

Year-to-date room occupancy taxes have been distributed as follows:
$648,160  Tourism Fund (35%)
$500,010  General Fund (27%)                                     
$462,971  Capital Improvement Fund (25%)
$240,745  Wastewater Enterprise Fund (13%)
 

Meals Tax  $36,805
The fourth quarter payment is for the February, March and April meals tax.  The payment of $36,805 is a 34.5% increase over the $27,366 we received for the same quarter last year.  Fiscal year 2014 total meals tax receipts are $526,037 compared to $511,706 for fiscal year 2013, an increase of 2.8%.



Town of Provincetown
260 Commercial Street
Provincetown, MA 02657
Ph: (508) 487-7000
Fx: (508) 487-9560