Budgets

The Town’s annual budget process is a method of planning and communicating operational and capital objectives and allocating financial resources to achieve them.

The process is usually performed over several months. The North Carolina Local Government Budget and Fiscal Control Act (NCGS 159, Article 3) requires local governments to adopt an annual budget by June 30 of each year, based on the state mandated fiscal year which runs from July 1 to June 30.

The Town’s Annual Budget Ordinance will be balanced in accordance with the Local Government Budget and Fiscal Control Act (NCGS 159-8), which states “A budget ordinance is balanced when the sum of estimated net revenues and appropriated fund balances is equal to appropriations."

2023-2024 Proposed Budget

2023-2024 Approved Budget

 

Access the past 5 years of Town Budgets online. For budgets beyond 5 years, contact the Finance Department at (252) 728-2141 or email the Finance Director or Town Clerk.