The Finance Department investigates best rates and procures loans at the institution that will be most advantageous for the Town to do business with. The investment of idle funds is investigated to its fullest to obtain the maximum return on the Town’s monies. The Department manages and insures that all Town properties are covered with the correct property liability coverage. The Finance Department also handles all payroll, taxes, workmen’s comp cases, insurance and all other related deductions for the entire employee base in the Town, including the Police Department. The Finance Officer prepares each fiscal years budget, ensuring that a balanced budget is maintained. The Town’s financial reporting process has been done in an award-winning manner since 2001 and is under consideration for another award for the current fiscal year. The Town’s financial reporting has been awarded the standard of excellence longer than any other public entity in Haywood County.

The Town’s current property tax rate is $0.42 per $100 value. In order to help you understand how taxes are figured an example is shown below:

This is an example for a house and property valued at $200,000.

($200,000 / 100) x $0.42 = $840 annual property tax.

2003-2004 Comprehensive Annual Financial Report (PDF)
To download the PDF of the 2003-2004 Comprehensive Annual Financial Report, click here.

2004-2005 Comprehensive Annual Financial Report (PDF)

To download the PDF of the 2004-2005 Comprehensive Annual Financial Report, click here.

2005-2006 Comprehensive Annual Financial Report (PDF)

To download the PDF of the 2005-2006 Comprehensive Annual Financial Report, click here.

2006-2007 Comprehensive Annual Financial Report (PDF)

To download the PDF of the 2006-2007 Comprehensive Annual Financial Report, click here.