The Town’s financial statements are audited each year by an  independent auditor selected by the Mayor and Commissioners. Under State law, a completed audit must be submitted to the Maryland Department of Legislative Services no later than October 31 each year unless an extension is granted by the Legislative Auditor.

The Town’s financial statements are prepared in accordance with accounting principles generally accepted in the United States of America, as required by the Governmental Accounting Standards Board.

The Town’s current auditor is the firm of Weyrich Cronin & Sorra Chartered, Certified Public Accountants of Lutherville, Maryland.