Finance
The Finance Department bills and collects County revenues, oversees expenditure of funds in accordance with approved budgets, invests County funds, issues County debt, and provides financial services to County departments and offices.
Latest Department News
Talbot County Earns Strong Bond Ratings in Advance of May 28 Bond Sale for Chapel District Elementary School Project
05/20/2025
Category: Finance
Talbot County has received high bond ratings from both Fitch Ratings and Moody’s Investors Service in preparation for the County’s upcoming bond sale on May 28, 2025, to support the design, construction, furnishing, and equipping of the Chapel District Elementary School located in Cordova, Maryland.
Read More
FY2026 Budget
05/07/2025
Category: Finance
In accordance with the requirements of the Talbot County Charter, the County Council of Talbot County is required to provide a Current Expense Budget and Capital Budget & Program for the fiscal year July 1, 2025 through June 30, 2026 (FY 2026).
Read More
Talbot County Finance Department Earns GFOA Award for Excellence in Financial Reporting
12/04/2024
Category: Finance
The Talbot County Finance Department has been awarded the prestigious Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA) for Fiscal Year 2023. This certificate is the highest form of recognition in governmental accounting and financial reporting, representing a significant accomplishment by a government and its management team.
Read More
Talbot County Achieves Top Bond Rating for Excellence in Finance
08/19/2024
Category: Finance
Talbot County is pleased to announce that Fitch Ratings has reaffirmed the county's ratings at "AAA" for both its Issuer Default Rating (IDR) and General Obligation (GO) bonds. In their press release, Fitch Ratings notes the “AAA” rating “reflects Talbot’s resilience, underscored by ample budgetary flexibility, and Fitch’s expectation that the county will sustain reserves at or above 7.5%. The county’s long-term liability profile is assessed as ‘strongest’.”
Read MorePage last modified Friday, April 19, 2024 10:54:50 AM