Finance

The Finance Department maintains the fiscal intergrity of the Town's financial records. The department reports the results of the Town's operations and changes in its financial position to Town Council, state and federal agencies, concerned taxpayers, and any other interested parties.

The Finance Department is also responsible for cash management and investment activities for the Town. This duty also requires monitoring of compliance with legal and regulatory provisions applicable to the investment of public funds.

In 2004, 2005 and 2006 the Town's Comprehensive Annual Financial Report (CAFR) qualified for a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association. This certificate is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.  The Town will be applying for the award again for fiscal year 2007.  Attached are the Audited financials for 2007 for review.

2008/2009 Town of Kiawah Island Proposed Budget

2007 Audited Financials

Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2007

In FY 2006 the Town's Popular Annual Financial Report (PAFR) qualified for a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association. This certificate is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.  The Town will be applying for the award again for fiscal year 2007.    The following is the Popular Annual Report for 2006 for your review.

FY 2006 Annual Popular Report

FY 2007 Annual Popular Report 


Key Functions of the Finance Department include:

Revenue Collections

Payroll Processing

Accounts Payable

Purchasing

Cash Management & Investments

Utility Billing

Financial and Tax Reporting

If you require information concerning financial functions or procedures for the Town of Kiawah Island, please contact the Town Treasurer, Kenneth Gunnells at 843-768-9166.