Finance

The Finance Department is responsible for all fiscal activities relating to the Town, establishing proper accounting, reporting and control systems for revenues and expenditures of the Town. Detailed financial reports reflecting revenues and expenditures through the fiscal year are prepared and forwarded to all departments to allow for careful monitoring of the adopted budget. Financial Statement information is compiled into a year end report that is reviewed by external auditors culminating in the Annual Audited Financial Report.

Functions

Functions of this department include:

Accounts Payable
Financial Reporting
Payroll
Purchasing

Property Tax Rates

Town – $0.57/ $100 Valuation
Johnston County – Visit Johnston County Tax Administration Website

Sales Tax Rates

Visit the North Carolina Department of Revenue site

Annual Financial Report (AFR)

This document is the official statement of the town’s financial position as of the end of the fiscal year, June 30th. The AFR promotes transparency, providing the citizens and elected officials with a detailed, independent audit of the town’s accounting.