Accurate financial information will be made easily and readily available to departments.
Financial reports will be issued accurately and on schedule.
The Finance Department will adhere to contractual requirements in grants and capital project reporting.
The Finance Department will safeguard financial assets and maximize investment earnings.
The general ledger, primary document for financial operations of the County, will be kept current and accurate.
The Finance Department has implemented procedures and policies that:
Maximize accurate accounting
Prompt payment of obligations
Preservation of high credit ratings
Management information for decision-making
Timely and meaningful financial reporting
Effective financial planning
The Finance Department consists of 6 employees charged with the role of acting as a financial consulting group for the Wayne County Board of Commissioners.
The Finance Department is responsible for:
General ledger and financial reporting
Cash and investments
Every employee of the Finance Department possesses unique potential and accepts the responsibilities of the position.
The Finance Department operates on an annual financial year, which is distinct from the calendar year. For example, the fiscal year 2012-2013 began on July 1, 2012 and ended on June 30, 2013. Both the annual audit and annual budget are prepared based on our fiscal year dates.