Treasurer

Function:

The responsibilities and duties of the Treasurer's Office include:

Cash Management

Responsible for all funds of the Town and the Municipal Light & Water departments.

Town of Littleton Investment Policy - approved by BOS Nov 2009

Financial Management Policy - approved (rev) by BOS Oct 2013 

 

Debt Management

Issue all debt for the above as authorized by Town Meeting.

S&P Upgrades Town of Littleton's bond rating from AA to AAA

2/27/2014- Standard and Poor's has upgraded the Town of Littleton's bond rating from AA to AAA, its highest rating.  S&P defines its AAA rating as "Extremely strong capacity to meet financial commitments. Highest Rating."  The rating reflects S&P's assessment of the following factors for the town:

• Very strong economy with access to the Boston metropolitan statistical area (MSA);
• Very strong budgetary flexibility with 2013 available reserves at 23.5% of general fund expenditures;
• Strong budgetary performance and relatively stable and consistent revenue profile with no appreciable funding interdependence with the state and federal government;
• Very strong liquidity characterized by strong cash levels to cover both debt service and expenditures and demonstrated capital market access;
• Very strong management conditions and strong financial policies and practices that we believe are embedded and sustainable

Standard and Poor's ratings report on Littleton - March 2014

 

Payroll and Employee Benefit Administration

Administer the Town employee benefit program for all employees & retirees

See Human Resources for more information

  • Health and Dental Benefits 
  • Life and Disability Insurance
  • Flexible Saving Accounts
  • Tax Deferred Saving Plans
    • 403(b)
    • 457 plans
  • Retirement Benefits
    • Middlesex County Retirement
    • Massachusetts Teachers Retirement

 

Insurance Advisory Committee

Committee of Town & union represenatives that reviews the Town's health plans

 

Trust Funds & Scholarships

Manage all Trust Funds of the Town, Library & Cemetery with the Trust Fund Commissioners.

The Trust Funds provide funds for annual scholarship awards through donations to the Littleton Scholarship Trust, funding for the Littleton Lyceum, Westlawn Cemetery, Littleton Public Schools & the Rueben Hoar Library.  The Trust also awards annual scholarships through the FM Kimball Second Fund and the John C. and Eunice B. Morrison Scholarship Fund

Joint Application for the Kimball/Morrison Scholarships

 

Tax Title

Responsible for the collection of all past due real estate taxes.             

Abutter Lot Sales Program - Town program that sells smaller parcels of land to direct abutters.

 

Tailings

Un-cashed Checks Issued by the Town      

 

Additional Links

Contact Information

Steven Venuti, Town Treasurer svenuti@littletonma.org

Ann Essman, Assistant Treasurer aessman@littletonma.org

Address: Town Office Building 37 Shattuck Street Room 202, 2nd Floor

Phone: 978-540-2450
Fax: 978-952-2355

Hours: Monday - Thursday 8:30am - 4:00pm Friday 8:30am - 12:00pm