Accounting

The Accounting Office is responsible for budgeting, tax rate setting, year-end financial reports, expenditure controls, and revenue reporting.

Bond Rating

We are pleased to inform the Tyngsborough community that Standard and Poor's Global Ratings has reaffirmed the Town's AA+ Bond Rating.

Standard and Poor's 500 (S&P) noted the Town's very strong economy, strong budget performance, strong budget flexibility and reserves, and strong institutional framework. The Tyngsborough Select Board contributed to this rating increase by annually dedicating one-time funds to increase reserves

S&P also stated "The stable outlook reflects S&P Global Ratings' expectation that Tyngsborough's management team, supported by very strong wealth and income levels, will continue to produce balanced operating results. We do not expect to change the rating within our two-year outlook horizon."

While we will continue to strive for a AAA rating, this is a terrific step in the right direction. This increase, which has resulted from a collaborative, team effort between the Finance Department, Town Manager, and Select Board, is expected to save $22,000 in borrowing costs from our former bond rating of Aa2, and even more money on future borrowings.

Financial Documents

View the financial documents.

Monthly Expense Reports

Recent Financial Reports


Archived Financial Reports