FAQs • Oconee County, GA • CivicEngage

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Is the County audited?: The State of Georgia requires local governments to submit annual audited financial statements to the State Auditor. This process ensures compliance with generally accepted accounting principles. Oconee County is audited annually by an outside auditing firm. The FY16 audit was completed by Treadwell, Tamplin & Co., LLP.

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Finance

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1. When are the County's check runs?: Oconee County issues checks on a weekly basis. Invoices should be received in the Finance Office by Tuesday of each week. Oconee County’s payment terms are Net 30. On Fridays, processed checks are mailed and/or available for pickup.

2. When does the County's Fiscal Year begin and end?: Oconee County’s fiscal year begins July 1st and ends June 30th.

3. What is the current budget?: Oconee County’s total budget for FY18 is $49,920,904. Oconee County’s FY18 General Fund budget is $26,943,955.

4. Is the County audited?: The State of Georgia requires local governments to submit annual audited financial statements to the State Auditor. This process ensures compliance with generally accepted accounting principles. Oconee County is audited annually by an outside auditing firm. The FY16 audit was completed by Treadwell, Tamplin & Co., LLP.

5. What is the County's bond rating?: The S&P Global bond rating for Oconee County is AA. An AA bond rating is an investment-grade rating of high quality and very low credit risk.