An important note for counties and municipalities regarding audits that were not submitted to the LGC on or before March 31:
Pursuant to Session Law 2023-59 (G.S. 159-34(e) – (h)), the secretary of the LGC is required to issue a Notice of Noncompliance to all counties and municipalities that did not submit the FY 2024 audit report within 9 months of fiscal year end (March 31). Further, if a county or municipality does not submit an audit report within 12 months of fiscal year end (June 30), the LGC may direct the withholding of a portion of the unitʼs sales tax distributions. Counties and municipalities may appeal this withholding action.
A Notice of Noncompliance will be issued to all counties and municipalities who did not submit FY 2024 audits on or before March 31, 2025. These notices will be mailed by the end of April to the unit’s primary address, as required by law. Note that LGC staff will mail the notices in yellow envelopes to make them easier to identify. To further assist in ensuring the notices are received, notices will also be emailed to units using all email addresses on file with LGC staff.
If your unit receives a Notice of Noncompliance, your unit should:
- File the required audit report, or
- Take action to file a written appeal.
Appeals must be filed by June 30, 2025, for consideration by the LGC before the withholding action is taken.
More details on this process and information on submitting an appeal are available on our website: Session Law 2023-59: An Act to Increase Compliance by Counties and Municipalities That Fail to Timely Submit an Annual Audit Report.
Questions? Please email SLGFD@nctreasurer.com.