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NC state audit identifies weaknesses in Zebulon’s financial oversight, internal controls

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policy.

According to the report, Zebulon’s unrestricted General Fund balance totaled approximately $13.7 million at the end of fiscal year 2025, representing 48.58% of final budgeted expenditures. The town’s financial policy calls for maintaining an unrestricted fund balance equal to at least 50% of projected expenditures.

Despite falling below that continue reading …

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