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) and the Cooperative Liquid Assets Securities System (CLASS). These funds offer a significantly higher interest rate than those of Certificate of Deposits because they are pooled funds with other governmental agencies.