The Finance Department provides accounting and financial management systems in accordance with North Carolina General Statutes. This department manages cash and investments, fixed assets, debt, grants, payroll and timekeeping, procurement of goods and services for all County agencies. Finance prepares the Comprehensive Annual Financial Report.

 

Comprehensive Annual Financial Report (CAFR)

City, county and state governments are required by law to produce basic financial statements. The Comprehensive Annual Financial Report is an audited public document that provides financial information but unlike basic financial statements goes on to provide more detailed economic, demographic, and statistical information. Governments are encouraged to create a Comprehensive Annual Financial Report but because of their complexity are not required by law or statue. Martin County creates a Comprehensive Annual Financial Report annually, which is available from the Finance office as well as under "Forms and Documents" on the left side of this page.

 

Annual Budget

The Martin County Budget is based on a 12-month fiscal year, which runs from July ISt to June 30th. State law requires the Board of Commissioners to adopt an annual budget by July 1st of each year.

The county budget is composed of revenues and expenditures for several funds, including the General Fund, the Water District (Enterprise) Funds and Other Funds. The General Fund accounts for resources traditionally associated with government that are not required legally or by sound financial management to be accounted for in other funds. Enterprise funds consist of a grouping of activities whose expenditures are wholly or partially offset by revenues collected from consumers in form of fees and charges. Enterprise funds are traditionally run more "like a business".  A Budget Message provides a narrative for the annual budget.

Links to the Fiscal Year 2020-21 Budget Message, Revenues and Expenditures are below, along with similar links for Fiscal Year 2019-20.

 
 

 

Budget Message 2019-20

Budget General Fund Revenue Proposed FY 2019-20

Budget General Fund Expenses Proposed FY 2019-20 (Part-1)

Budget General Fund Expenses Proposed FY 2019-20 (Part 2)

Budget Enterprise and Other Funds

 

Budget Message 2020-21

Budget General Fund Revenue Proposed FY 2020-21

Budget General Fund Expense Proposed FY 2020-21 (Part 1)

Budget General Fund Expense Proposed FY 2020-21 (Part 2)

Budget Enterprise and Other Funds

Finance Department

Martin County Governmental Center
305 East Main Street
PO Box 668
Williamston, NC  27892

Phone: 252-789-4330
Fax: 252-789-4339

Office Hours: 8 AM - 5 PM
Monday - Friday