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About the Finance Department

The Finance Department is responsible for the planning, oversight, and reporting of the City's operating and capital finances. These functions are carried out by the Department's five divisions:

Contact Information
Edward Bean
Director of Finance, Auditor

Monday - Wednesday
8:30 a.m. - 4:30 p.m.

8:30 a.m. - 7:30 p.m.

8:30 a.m. - 12:30 p.m.

Phone Number

93 Highland Ave.
Somerville, MA 02143
United States

Employee Directory

Budgets & Appropriations

Year to Date (YTD) Budget Reports (PDF)

Free Cash and Retained Earnings

Stabilization Fund Balance as of 12/31/2022

Long-Range Forecast

Fiscal Year Budgets

School Department Budgets (PDF)

Capital Investments & Projects

Capital Investment Plan (CIP) Project Lists



Ratings, Reports & Statements


OpenGov Transparency Portal

OpenGov allows you to explore budget and historical finances in a simple graphical user interface.

Thumbnail preview links to OpenGov Transparency Portal


Programs & Initiatives

Participatory Budgeting
In June 2022, $1 million was allocated for the purpose of having community members propose and vote on projects to improve Somerville.

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