Budget and Financial Reports

June 16, 2020 Update - Town Council Approves the Town Manager’s Recommended Budget with the following additions:

  • Begin implementation steps for police body-worn cameras, including policy development, testing of equipment, and future acquisition of police body-worn cameras pending a mid-year budget review.
  • Allocate $10,000 from General Fund contingency reserves for the non-profit grant program - bringing total funding for community non-profits to $25,000.
  • Increase the annual motor vehicle tax by $15 (from $10 to $25) with additional funds dedicated to transportation investments and improvements.

Recommended Fiscal Year 2020-21 Budget Improves Town Infrastructure While Lowering Property Tax Rate

Town Manager Randy Harrington has presented his recommended Fiscal Year 2020-21 budget to the Mayor and Town Council. The recommended budget totals $68,270,969, which includes the General Fund and water, sewer, stormwater and other infrastructure investments to keep the town running smoothly.  

Comprehensive Annual Financial Report


The Comprehensive Annual Financial Report (CAFR) is the official statement of the Town's financial position on June 30, at the close of the fiscal year.
 
2019 Comprehensive Annual Financial Report
2018 Comprehensive Annual Financial Report
2017 Comprehensive Annual Financial Report
2016 Comprehensive Annual Financial Report
2015 Comprehensive Annual Financial Report
2014 Comprehensive Annual Financial Report
2013 Comprehensive Annual Financial Report
2012 Comprehensive Annual Financial Report 
2011 Comprehensive Annual Financial Report

Financial Reports & Documents


Capital Improvements Plan 2017
Municipal Rate Study

Recent Awards



2005-2015 Certificate of Achievement for Excellence in Financial Reporting, presented by the Government Finance Officers Association of the United States and Canada.

Contact


For more information, contact Interim Finance Director Patty Dressen
(919) 557-3910 or patty.dressen@hollyspringsnc.us.