Department Summary
Finance is responsible for compliance with the Local Government Budget and Fiscal Control Act and other North Carolina General Statues, and federal laws and regulations, which promote conservative fiscal practices.
Finance is also responsible for the collecting and disbursing of County resources and recording these transactions in the accounting system, including remitting vendor payments, compensation to County employees and other organizations. Monthly property tax collections are also remitted to nineteen fire districts, two special school districts, and eleven municipalities.
Finance personnel prepare financial reports for internal management purposes as well as for federal and state grantor agencies. State law requires all governments to be audited annually. Finance prepares the financial statements and assists independent auditors by providing a variety of schedules and other data.
The Government Finance Officers Association has awarded Randolph County a Certificate of Achievement in Financial Reporting for sixteen consecutive years.
A Certificate of Achievement is the highest form of recognition awarded in the field of governmental financial reporting. A Certificate of Achievement is valid for a period of one year only. The County believes that our current comprehensive annual financial report continues to meet the Certificate of Achievement Program’s requirements and we submitted it to the GFOA to determine its eligibility for another certificate.
