The Finance Department is responsible for developing, implementing and maintaining a comprehensive financial management system for the Town including centralized accounting, financial and budgetary reporting. Finance Department staff also ensures compliance with generally accepted accounting principles and practices of the Governmental Accounting Standards Board. To ensure that this function is accomplished, the Town is subject to an annual audit of its accounting practices and internal controls by a qualified independent auditing firm.
The department oversees purchasing, accounts payable, payroll processing, budgetary preparation and compliance, cash and debt management, grants and fixed asset administration, meter reading and billing for water and sewer.
The Town of Batesburg-Leesville prepares an annual budget each year for the upcoming fiscal year. The Town's fiscal year runs from July 1 to June 30 of each year. The fiscal year budget is adopted by Town Council for implementation.
Monthly Financial Reports
The unaudited monthly financial reports are prepared by the Finance Department to provide up to date information on the status of the current fiscal year revenues and expenditures.
Comprehensive Annual Financial Reports (CAFR)
A Comprehensive Annual Financial Report, abbreviated as CAFR, consist of the financial statements from the Town's Fiscal Year end.
The CAFR's financial statements are prepared by the Town's Finance Department and presented in conformity with generally accepted accounting principles (GAAP). The report consists of management's representations concerning the finances of the Town. To express an opinion on the accuracy of the financial statements, a firm of licensed certified public accountants performs an audit in accordance with generally accepted accounting standards.
Finance Department Contact
Finance Director/Municipal Clerk