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Financial Services Division

The Agency of Administration (AoA) Financial Services Division (FSD) provides accounting and budget support for the Office of the Secretary, all AoA departments and for smaller state units without internal financial capacity. FSD provides timely accounting services including: processing of daily accounting transactions, fixed and capital assets management, time & labor validation, expense reimbursements, monthly and year-end close-out, and periodic financial reporting. FSD develops the annual budget for the agency, departments and divisions. Other functions include an internal audit function, financial analysis, and programmatic annual rate setting.

Holly S. Ferrant, Agency Chief Financial Officer
109 State Street, 3rd Floor
Montpelier, VT 05609-3100
Phone: (802) 636-7582

Brenda Berry, Agency Deputy Chief Financial Officer
109 State Street, 3rd Floor
Montpelier, VT 05609-3100
Phone: (802) 238-8923

Staff Directory

Providing efficient and effective financial support to our customers.

Our Mission

The Agency of Administration Financial Services strives to provide financial and financially-related support to all our customers, in a highly efficient and effective manner, consistent with all Agency of Administration core values and principles.

What we do

This office provides timely accounting services for all Departments within the Agency of Administration and beyond.  This includes the processing of all vendor payments, billings to all customers, cash deposits, management of fixed and capital assets, payroll and expense reimbursements, and all monthly, quarterly, and annual financial reports. This office is also responsible for the development of the annual budget, its implementation, and closeout in line with Legislative intent. Other functions include an internal audit function to help management understand spending patterns and determine ways to run our business in a more cost effective and efficient manner. We perform financial analysis on a continuous basis, and programmatic annual rate setting, which affords management the opportunity to make real-time changes to the program, adjust revenues, and control spending.