Financial Services

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Mission Statement

We endeavor to provide the best possible assistance to the people and employees of the Town of Payson by ensuring proper and timely accounting for both the financial and accounting activities of the Town.

Responsibilities

The Financial Services Department maintains the financial integrity of the Town of Payson through effective fiscal oversight. This is accomplished by providing effective accounting policies, procedures, systems and controls, by providing accurate and useful financial information to management, outside agencies and citizens; and producing financial audits of the Town Departments, agencies and funds.

Financial Services Department provides support for various cost centers. In addition to accounting for the Town's revenues and expenditures, the following functions are managed by Finance staff: cash management, payroll, accounts payable, fixed assets, special accounts receivable, grant monitoring, banking relations, monthly reporting, and debt service. The department is also responsible for the Town's annual audit and budget process.

Sales Tax

As of 05/01/24, Payson's sales tax rate is 10.48%, which includes 5.6% State Tax, 1% Gila County Tax, and 3.88% Town of Payson Tax. The bed tax rate in Payson is currently at 5%. More information on state and local sales tax can be found on the Arizona Department of Revenue website.

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