The Town of Matthews adopts a budget every June for the service year beginning July 1. The budget outlines the Town's plan for achieving the goals, objectives and service delivery levels desired by the Mayor and Board of Commissioners. More specifically, the budget is a financial plan consisting of an estimate of proposed expenditures, the proposed means of financing and the goals and objectives of the expenditures for a given time period, usually one year (July 1 thru June 30). Copies of the annual budget are available for citizens to read on the Web site, in the Finance Department and the Town Clerk's office at Town Hall and at the Matthews Library Branch, 232 Matthews Station St.
The budget process for the town begins in February. Budget packets are sent to all department heads with guidelines for preparing their requested budget. In April the Town Manager, who is the Budget Officer, reviews the budget request before meeting with each department head. The Assistant Town Manager and Finance Director advise the Town Manager on the fiscal affairs of the Town. From there, the manager makes a recommended budget and presents it to the council. Starting in May, budget workshops are scheduled between the council, the manager and the department heads. A public hearing is held during the month of June each year, at a regularly scheduled council meeting. After much deliberation, a budget is adopted by the council on or before June 30 of each year. Citizens are invited to attend all public meetings.
We are pleased to provide you with the Town Managers' Budget Message and the Town's Budget Ordinance for the fiscal years ended June 30 below:
Fiscal Year Ended 2010
Fiscal Year Ended 2009
Fiscal Year Ended 2008
Financial Statements
At the end of each fiscal year, as required in the State of North Carolina, the Town of Matthews' financial statements are audited in accordance with generally accepted accounting principles by an independent auditor. We are pleased to bring you the Town's Comprehensive Annual Financial Reports for the fiscal years ended June 30 below: