The Finance Department operates a financial accounting and reporting system in compliance with North Carolina General Statute 159 (Local Government Budget and Fiscal Control Act) and other North Carolina General Statutes, Federal laws, and regulations. The primary purpose of the department is to support the overall fiscal management of the County.
Responsibilities of the Finance Department
- Processes accounts payable
- Processes payroll
- Accounts for the County’s receipts and disbursements
- Manages financial aspects of capital construction projects
- Maintains financial records and reporting for grants awarded through Federal, State, or other sources
- Debt issuance, management and compliance
- Bills for County Services provided
- Annual external audit oversight and support
- Annual budget preparation, implementation and monitoring
- Fixed asset administration and disposal of surplus property
- Safeguards assets of the County through implementation or acquisition or adequate internal control mechanisms, investments, and insurance coverage
- Maintains County general ledger