Provides oversight and coordination of the entire finance function, which includes Accounting, Payroll, Purchasing, Utility Billing, Collections, and Information Technology; retains ultimate responsibility for keeping the accounts of the City in accordance with generally accepted accounting principles; disburses all funds in strict compliance with the Local Government Budget and Fiscal Control Act, and efficiently procuring goods and services to support city activities; prepares statements of financial condition; supervises the receipt, deposit, and investment of City funds; and maintains records concerning bonded debt and other obligations of the City.
Here you will find .pdf copies of the last three yearly budgets and audits. For observation click here to access our Budgets and Audits.
ADMINISTRATION AND ACCOUNTING PERSONNEL
Payroll – Administers the City payroll to ensure the correctness of the payroll process among other duties. This position responds to inquiries regarding W 2 replacements and other City payroll items.
Accounts Payable – Administers the City accounts payable and miscellaneous receivables. This position performs inquiries regarding vendor payments, IRS forms 1099 and W 9s, and retainages.
Accountant – This position performs the internal control function, financial processing, and bank reconciliation among other duties. This position works in conjunction with the other City departments regarding assessments, CDBG Home Loans, and other federal and state grants.
The City of Statesville’s 2009-2010 adopted original budget is $81,393,238.
The City’s 2008-2009 assessed valuation is $3,004,205,575 consisting of 24.01 square miles with a population of 27,048.
The City’s tax rate is 38 cents per $100 of assessed value.
History of various municipal Iredell County tax rates can be found at http://www.co.iredell.nc.us/Departments/Tax_Admin/taxrates.asp.
The City’s bond rating is AA from Standard & Poor and A1 rating from Moody’s Investor Service.
The Finance Department provides for the accounting of 29 different funds (separate accounting entities).
The City’s 2008-2009 Net Assets for all funds was $189,201,802.