Each August, the trustee prepares and submits a budget for the incoming year to the three-person township board for approval. As the Chief Financial Officer of the township, the trustee pays and records all claims for the township expenses and salaries and is responsible for keeping accurate records and following all the financial guidelines set out in Indiana Code.
In January each year, the trustee presents to the board an annual report which shows all receipts, expenditures, investments and debts. The approved report is then published in local papers for public inspection.