Finance
The Finance Department is responsible for administering and maintaining the Town’s fiscal operations. These operations are governed by N. C. General Statutes, generally accepted accounting principles, State and Federal grant requirements, and ordinances, policies, and procedures adopted by the Town. The duties and operations of the department include accounting and financial reporting, cash management, accounts payable, fixed assets, debt and debt service management, payroll, purchasing and procurement, and miscellaneous billings.
The Finance Officer oversees the accurate and timely fulfillment of the duties of the Finance Department
The responsibilities of the Finance Director include, but are not limited to
- Works closely with the Town Manager in preparing the Town’s annual budget for approval by Council
- Pre-authorizes expenditures
- Periodically keeps Council advised of the Town’s financial picture
- Prepares and submits all federal and state financial reports
- Provides the auditors with the financial data and information needed to conduct the annual audit