The fiscal and budget year of the Town shall begin on the first day of January and end on December 31, unless another date shall be voted on by the voters of the Town of Raymond.
The Town Manager shall appoint a Selectmen's Office Manager other than the Treasurer who shall maintain accounting control over the finances of the Town, make financial reports and perform such other duties as may be required by the Administrative Code. This person shall assist in the annual audit as well as perform daily monitoring of all expenditures and revenues.
A. 
At such times as may be required by the Town Manager or specified by the Administrative Code, each head of any department or office shall submit an itemized estimate of the expenditures in the next fiscal year for the department/office of activities under his/her control.
B. 
The Town Manager shall submit, with detailed backup, the proposed budget to the Board of Selectmen on or before the first day of December of each year.
A. 
Within 15 days after the close of each quarterly period or as necessary during the fiscal year, the Town Manager shall be required to submit to the Board of Selectmen data showing the relation between the estimated and actual income and expenses for the previous quarter.
B. 
If it shall appear that income is less than anticipated, the Town Manager may reduce the appropriation for any item or items, except amounts required for debt and interest costs and other costs as may be dictated by state statute, to such a degree as may be necessary to keep the expenditures within the cash income.
C. 
The Town Manager may provide for monthly or quarterly allotments of appropriation to departments or funds.
The head of any department or office may transfer any unencumbered balance or any appropriation thereof from one line item within that department with the approval of the Town Manager. The Town Manager may transfer any unencumbered appropriation balance or any portion thereof from one department to another as specified in RSA 37:5.