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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 . . .
03-31-14
The 3rd quarter room occupancy and meals taxes have been received from the Mass. Dept. of Revenue

Room Occupancy $82,101

The third quarter payment is for the November, December and January room tax receipts. The 3rd quarter deposit of $82,101 is an increase of 12.4% over the $73,062 we received last year. Year to date fiscal year 2014 total room occupancy tax receipts are $1,755,544 compared to $1,604,586 for FY 2013, an increase of 9.4%.

Year-to-date room occupancy taxes have been distributed as follows:
$614,441 Tourism Fund (35%)
$473,997 General Fund (27%)
$438,886 Capital Improvement Fund (25%)
$228,221 Wastewater Enterprise Fund (13%)


Meals Tax $31,350
The third quarter payment is for the November, December and January meals tax. The payment of $31,350 is an 11.3% decrease over the $35,347 we received for the same quarter last year. Fiscal year 2014 meals tax receipts are $489,232 compared to $484,389 for fiscal year 2013, an increase of 1.0%.


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