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 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.
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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’.”
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FY 2025 Budget Highlights
05/02/2024
Category: Finance County Council
On April 16, 2024, County Manager, Clay Stamp, and Finance Director, Martha Darling Sparks, joined the Talbot County Council to present the Fiscal Year 2025 proposed General Fund Budget. The proposed $163.9 million general fund budget upholds essential investment in employees, streamlines processes, fosters efficiencies and allocates funding for pivotal projects in public safety, education, and environmental stability.
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Council Introduces 2025 Budget
04/19/2024
Category: Finance County Manager’s Office County Council
On Tuesday evening, the Talbot County Council voted unanimously to introduce the proposed fiscal year 2025 general fund budget of $163,970,000.
Read MorePage last modified Friday, April 19, 2024 10:54:50 AM