The Finance Department establishes and maintains an accounting and reporting system in accordance with NC General Statutes, federal laws and regulations and generally accepted accounting principles. The Department provides management with required financial information for strategic and operational planning, manages cash to maximize investment income and cash flow, records receipt of revenues and provides for disbursement of the Town's funds in accordance with guidelines.
Finance and Administration
Administration is responsible for the overall management of the Department. We provide financial management for all Town funds, including the Town’s investment and debt portfolios; operational management for all Town services, department, and divisions.
Treasury Services Division
The Treasury Services Division is responsible for the administration of public funds in the Town's investment portfolio. Our mission is to maximize investment opportunities, to increase investment income and help reduce the need for tax and rate increases to our customers. The Treasury Services Division administers the risk management program to include reporting of losses, theft, property insurance maintenance and third party administration for liability claims. We are also responsible for timely and accurate payment of the Town’s financial obligations through our Accounts Payable office. The Business Manager is responsible for processing payments to vendors for goods and services provided to the Town.
The Accounting Division is responsible for general accounting, financial reporting and payroll. We maintain all financial records for the Town of Harrisburg and prepare various financial reports including the Town’s Comprehensive Annual Financial Report. Our accounting system is maintained in accordance with generally accepted accounting principles. We are making stride to earn and receive the honored "Certificate of Achievement for Excellence in Financial Reporting."
The Purchasing Division is responsible for the acquisition of goods and service for the Town’s operations. These commodities must be obtained at the best available prices using tax dollars and following Federal, State and Local policies regarding the expenditures of public funds. The sale of surplus equipment is also handled by the Purchasing Division.
Tax Services Division
The Town of Harrisburg utilizes the Cabarrus County offices of the Tax Assessor for assessment and billing of our Ad Valorem Tax levies. Our current general tax levy is $0.1585 per $100 valuation and fire district levy is $0.1115 per $100 valuation. We are responsible for the collection of all levies in accordance with the North Carolina General Statues. The Tax Division also supports Cabarrus County in processing applications for tax relief and tax exemptions that may be granted under North Carolina State law, and maintains records of property ownership and tax maps.
Each December, the Tax Department mails out forms for the listing of personal property to all taxpayers who listed the previous year or who purchased real estate during that calendar year. These forms must be completed and returned to the Tax Department during the month of January.
Taxes due are computed on the basis of real and personal property owned. The par amount of the bill must be paid if the payment is made between September 1st and January 5th (of the following calendar year). After January 7th, interest is assessed on the basis of delinquency.
State law provides for a reduction of property taxes for certain qualified taxpayers 65 years of age or older, and for citizens who are totally and permanently disabled. Further information about this feature of the law may be obtained from the Cabarrus County Tax Department.