Resources and instructions for submission of FY2024 audit reports are now available on our Submitting Your Audit webpage, including Data Input Workbooks for FY2024 audits.
Blog Entry List
LGC staff is working to make FY2024 audit resources available in the coming weeks, including Data Input Workbooks and illustrative financial statements. Be on the look-out for blog post announcements when these resources are available. DIWs are scheduled for availability by September 20 with other resources to be published as soon as possible.
The process for counties and municipalities to submit their Annual Financial Information Report (AFIR) is changing. Beginning with FY2024 AFIRs, the U.S. Census Bureau will no longer be providing a website for AFIR uploads. Department of State Treasurer staff is working on an alternate method for submission and details will be announced soon.Please note:
The "Local Government Finance" course is a great opportunity to learn about the basics of local government finance and the requirements of the Local Government Budget and Fiscal Control Act.
The LGC-203 / COLL-91 Cash and Investments report for the June 30, 2024, reporting period is due on or before July 25, 2024.
The Statistical Information on Electric System Operations reports for fiscal years 2022 and 2023 are now available through our online report server. This online interface provides access to reports for fiscal years 2022 and later.
The Management of Cash and Taxes and Fund Balance Available for Counties and the Management of Cash and Taxes and Fund Balance Available for Municipalities reports for fiscal years 2022 and 2023 are available through our online report server. This online interface provides access to reports for audit years 2021 and later, as available.
The "Local Government Finance in North Carolina – A Practical Approach" course is a great opportunity to learn about the basics of local government finance and the requirements of the Local Government Budget and Fiscal Control Act.
Section 36.3.(a) of Session Law 2023-134 (HB 259) amended G.S. 159-61(d), which sets forth the form of the ballot question to be used for local government general obligation bond referenda. LGC staff has developed a memorandum to provide guidance to local government units in complying with the modified requirements in G.S. 159-61(d).
Reminder that the 2024 Independent Auditors’ Conference sponsored by the Department of State Treasurer and the UNC School of Government will be held on:May 2, 2024, 9:00 am – 3:30 pm via ZOOM
The 2024 Treasurer’s Conference, hosted by the UNC School of Government and the Department of State Treasurer, will be held virtually from 9:00am – 1:00pm on Tuesday, June 18 and Thursday, June 20.Please visit the conference webpage for details on registration and for the conference agenda.
If your unit of government had a single audit performed under the federal requirements found in the Uniform Guidance §200.501 for fiscal year ending June 30, 2023, this is to remind you that your unit’s audit report is required to be submitted to the federal government via the Federal Audit Clearinghouse (FAC) by March 31, 2024, if you have not already done so. To submit an audit or to determine if your 2023 audit has been received by the FAC, you can go to the new General Service Administration (GAS) website located at https://fac.gov.
Rules related to the certification of mutual funds for investment by local governments were updated effective October 1, 2023. Please see this webpage for a summary of these updates.
The "Local Government Finance in North Carolina – A Practical Approach" course is a great opportunity to learn about the basics of local government finance and the requirements of the Local Government Budget and Fiscal Control Act.