FINANCE & ACCOUNTING

The Finance and Accounting 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.

CURRENT FINANCIAL REPORTS

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

     2021 Budget – General Fund Revenues – pie graph image showing categories of county revenue and the amounts budgeted for 2021

     2021 Budget – General Fund Specific Revenues – pie graph image showing a more detailed breakdown of county revenue and the amounts budgeted for 2021

     2021 Budget – General Fund Expenditures – pie graph image showing categories of county expenditures and the amounts budgeted for 2021

     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

     Financial Summary Reports for period ending February 28, 2021 – includes memo to board from county finance director, budget summary report, and graphs showing revenue and expenditures

     Financial Summary Reports for period ending March 31, 2021 – includes memo to board from county finance director, budget summary report, and graphs showing revenue and expenditures

     Financial Summary Reports for period ending April 30, 2021 – includes memo to board from county finance director, budget summary report, and graphs showing revenue and expenditures

     Financial Summary Reports for period ending May 31, 2021 – includes memo to board from county finance director, budget summary report, and graphs showing revenue and expenditures

     Financial Summary Reports for period ending June 30, 2021 – includes memo to board from county finance director, budget summary report, and graphs showing revenue and expenditures

     Financial Summary Reports for period ending July 31, 2021 – includes budget summary report and graphs showing revenue and expenditures

ARCHIVED COUNTY BUDGETS

     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

     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.