The Finance Department is responsible for recording and reporting the financial activities of the County. All transactions must be verified for compliance with the annual budget ordinance, NC General Statutes, generally accepted accounting principals, regulatory agency pronouncements and policies adopted by the County.
Some of the departmental duties are as follows:
Maintain detailed accounting recordings for all County departments
Disburse payments to vendors
Calculate and disburse employee payroll
Monitor grant revenues and expenditures
Supervise the collection, deposit, and investment of cash
Prepare certain State and federal financial reports
Monitor and manage long-term debt
Assist the County Manager with preparation of the annual budget
Manage the County’s property and liability insurance policies and claims
Supervising the County’s surplus property sale
Compliance with E-Verify Requirements
The North Carolina State Legislature approved legislation requiring that all Lincoln County contracts include a provision that the contractor and the contractors’ subcontractors comply with certain new laws in Chapter 64, Article 2 of the North Carolina General Statutes concerning using an E-verify system to verify its employees.