The Accounting and Treasury Division maintains accounting records, including accounts payable, accounts receivable, and payroll. The Treasurer is also responsible for the Cash Management Program. To increase the rate of return on investments, the Town used the State Treasurer's Short Term Investment Fund (STIF). These funds offer a significantly higher interest rate than those of Certificate of Deposits because they are pooled funds with other governmental agencies.
For further information please contact:
Julie Chapman, Treasurer/ Accounting Manager –
jchapman@groton-ct.govEbony Bell, Accountant –
ebell@groton-ct.govBetsy Lane, Financial Assistant II Accounts Payable –
elane@groton-ct.govKristin McGath, Financial Assistant II Payroll –
kmcgath@groton-ct.govKatherine Erardy, Financial Assistant I –
KErardy@groton-ct.gov