FINANCE 

The Finance Department provides accounting services to all county departments and manages the finances of Emmet County. The department’s responsibilities include budgeting; paying invoices; billing customers; tracking assets and expenditures; approving and processing purchase orders; ensuring staff are following internal controls and the county’s procurement policy; presenting budget and other financial information to the Board of Commissioners; and many other responsibilities to maintain accurate, transparent, and up-to-date information about the county’s fiscal situation.

Mailing Address: 200 Division Street, Suite G74 ~ Petoskey, MI ~ 49770
Phone:   (231) 348-1702
Fax:   (231) 348-0633
Email:  [email protected]
Location: The Finance office is located in the Emmet County Building on the ground floor in suite G74. All visitors must enter at the Lake Street entrance and go through health and security procedures currently in place. Except for specific holidays, office hours are Monday through Friday from 8 a.m. to 5 p.m.

2022 BUDGET INFORMATION

The following information is provided to county commissioners during public meetings and presented below for the convenience of citizens.

2022 Budget Amendment Resolution-  Adopted August, 2022

2022 Budget Amendment Memo-  Memo to the Board of Commissioners regarding the FY2022 Amended Budget

2022 Budget Summary Memo-  Memo to the Board of Commissioners regarding the FY2022 Proposed Budget

2022 Budget Resolution-  Adopted Dec 13, 2021

2022 Budget Detail-  Detail budget for approval at Dec 13 meeting

2022 Budget – General Fund Revenues – Pie graph image showing categories of county revenue and the amounts budgeted for 2022

2022 Budget – General Fund Expenditures – Pie graph image showing categories of county expenditures and the amounts budgeted for 2022

2021 BUDGET INFORMATION

The following information is provided to county commissioners during public meetings and presented below for the convenience of citizens.

2021 Budget – Amendment Summary Memo – Final December 2021

Budget Summary 2021 and 2022-  Summary report showing the adopted 2021 budget in December 2020;amended budget in October 2021;final amended budget Dec 13 meeting 

2021 Budget – Revenue – Adopted to Amended– Graph showing the adopted 2021 budget in December 2020;amended budget in October 2021;final amended budget Dec 13 meeting 

2021 Budget – Expenditures -Adopted to Amended-Graph showing the adopted 2021 budget in December 2020;amended budget in October 2021;final amended budget for the Dec 13 meeting

County’s Annual Debt Service – Table showing the principal and interest from 2021-2032 for Emmet County’s debt

County’s Outstanding Debt Service – Table showing the 2021 outstanding debt, principal payments, and interest payments for county capital improvement bonds, Bay Bluffs bond, 911                                                                                      bond, and the road commission bond


CURRENT YEAR MONTHLY FINANCIAL REPORTS 2022

The following files includes memo to the board from County Finance Director, budget summary report, and graphs showing revenue and expenditures.

MONTH FINANCE SUMMARY BUDGET SUMMARY REVENUE GRAPH EXPENDITURE GRAPH
January 2022        
February 2022 Finance Memo 2/22 Summary Report 2/22 Revenue Graph 2/22 Expenditure Graph 2/22
March 2022 Finance Memo 3/22 Summary Report 3/22 Revenue Graph 3/22 Expenditure Graph 3/22
April 2022 Finance Memo 4/22 Summary Report 4/22 Revenue Graph 4/22 Expenditure Graph 4/22
May 2022 Finance Memo 5/22 Summary Report 5/22 Revenue Graph 5/22 Expenditure Graph 5/22
June 2022 No report No report No report No report
July 2022 Finance Memo 7/22 Summary Report 7/22 Revenue Graph 7/22 Expenditure Graph 7/22
August 2022 Finance Summary 8/22 Budget Summary 8/22 Revenue Graph 8/22 Expenditure Graph 8/22
September 2022 Finance Summary 9/22 Budget Summary 9/22 Revenue Graph 9/22 Expenditure Graph 9/22
October 2022        
November 2022        
December 2022        

 


ARCHIVED COUNTY BUDGETS

     2021 Amended Budget Resolution – adopted Dec. 13, 2021
     2021 Proposed Budget – adopted Dec. 22, 2020
     2020 Amended Budget Resolution – adopted Dec. 22, 2020
     2020 Amended Budget Resolution – adopted April 23, 2020
     2020 Proposed Budget – adopted Dec. 19, 2019
     2019 Amended Budget Resolution – adopted Dec. 19, 2019
     2019 Proposed Budget – adopted Dec. 20, 2018
     2018 Amended Budget Resolution – adopted Dec. 20, 2018


AUDITS

     2021 Independent Auditor’s Financial Report
     2020 Independent Auditor’s Financial Report
     2019 Independent Auditor’s Financial Report
     2018 Independent Auditor’s Financial Report
     2017 Independent Auditor’s Financial Report
     2016 Independent Auditor’s Financial Report


OTHER RESOURCES

    • Moody’s Investor Services Annual Comment on Emmet County


LOCAL REVENUE SHARING BOARD

Emmet County’s Local Revenue Sharing Board meets as needed for the purpose of accepting and reviewing requests for the casino revenues received by the County pursuant to the 1999 compact with the Little Traverse Bay Bands of the Odawa Indians. More information about the LRSB is available here.


FINANCE COMMITTEE MINUTES

From November 2008 through December 2016, an Emmet County Finance Committee met monthly. To review PDF versions of the archived minutes, click here.


DEPARTMENT STAFF

 


 

Emmet County, Michigan
200 Division Street, Petoskey MI 49770
(231) 348-1702 | Contact Us