Finance

Mission 

It is our mission to provide professional delivery of services to the Town and the public through timely billing and collection of Town revenue, prompt payment to vendors, timely and accurate financial information, cost effective procurement of goods and services, and optimum maintenance of computer systems.

Responsibilities

The Town of Black Mountain’s Finance Department is responsible for managing all aspects of the town’s finances in an open, accountable and timely manner, in accordance with accounting standards and state general statutes. Tasks include assisting the Board of Aldermen, Town Manager, and town departments with the management of financial resources and activities, including:

  • Preparation of the annual operating budget
  • Debt and cash management
  • Financial reporting
  • Payroll
  • Purchasing and Accounts Payable
  • Revenue collection
  • Information Technology (IT) and risk management 

Financial Reporting

Financial Reporting Achievement ImageThe Finance Department has been awarded its ?? consecutive annual Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA). The Certificate of Achievement is the highest form of recognition for excellence in state and local government financial reporting, and its attainment represents a significant accomplishment by a government and its management

This Comprehensive Annual Financial Report (CAFR) is the official statement of the Town's financial position as of the end of the fiscal year, June 30th.  The CAFR promotes transparency, providing citizens and elected officials with a detailed, independent audit of the Town's accounting.

Finance Documents