OPERATIONAL OVERVIEW
FY 2026
FINANCIAL REPORTING POLICIES:
1. The County’s accounting and financial reporting systems will be maintained in conformance with current accepted principles and standards of the Governmental Accounting Standards Board (GASB) and the Government Finance Officers Association (GFOA).
2. The County will have an annual financial audit performed of the County’s finances.
3. The County will prepare an annual budget document that provides a basic understanding of the County’s planned financial operations for the upcoming fiscal year.
4. In the County’s Fund Financial Statement, governmental funds are prepared on a modified accrual basis of accounting, whereas the proprietary funds are prepared on an accrual basis of accounting. For budgetary purposes, all funds are prepared on a modified accrual basis.
2026 Budget Document
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