Yanceyville council adopts budget calendar and approves Budget Ordinance Amendment III amid state oversight

The Yanceyville Town Council on March 12 approved its FY2024–25 budget calendar and unanimously adopted Budget Ordinance Amendment III, while staff outlined increased state oversight following audit findings.

Town Manager Kamara Barnett and financial consultant Harmon Crutchfield presented the proposed budget calendar, which schedules a series of workshops and public hearings culminating in a June 25 adoption deadline. Barnett said the town has been placed on the Local Government Commission’s Unit Assistance List, requiring more detailed budget documentation and in-person monitoring by an assigned advisor from the State Treasurer’s Office, identified in the meeting as Ann Moore.

Barnett told council the town’s auditor previously reported Financial Performance Indicators of Concern (FPICs). Under North Carolina General Statutes Chapter 159, a governing body that receives FPICs must submit a “Response to the Auditor’s Findings, Recommendations, and Fiscal Matters,” signed by a majority of the governing body and the manager and finance officer, to the Local Government Commission within 60 days of the auditor’s presentation. Barnett said she will draft the response on behalf of the town.

At the meeting, Councilman Brian Massey moved to approve the FY2024–25 budget calendar; Mayor Pro Tem Darrell McLean seconded and the motion passed unanimously. Later in the agenda Harmon Crutchfield presented Budget Ordinance Amendment III for FY2023–24; Massey moved to adopt the amendment, McLean seconded, and the council unanimously approved it.

The calendar sets key dates: a public hearing on the budget is scheduled for June 4, 2024, and final adoption is planned for June 25, 2024. Barnett and Crutchfield said the Local Government Commission’s assigned advisor will conduct onsite monitoring with town finance staff to assist with compliance and implementation.

The council also approved routine consent items and appointed Mayor Pro Tem McLean as the town’s alternate to the Piedmont Regional Triad Council Board of Delegates during the same meeting.