A new accounting rule changes how the county tracks what it owes employees for unused vacation and sick time, affecting how those liabilities appear in its financial reports.
Latest and next
- Latest
- June 30, 2025: Implementation of GASB Statement No. 101, Compensated Absences
- Next
- No next step has been documented.
The town's audit records a change in accounting principle that lowered previously reported net position figures, affecting the starting point for the town's financial statements.
Latest and next
- Latest
- June 30, 2025: Change in accounting principle restating beginning net position
- Next
- No next step has been documented.
The town's year-end audit confirms the council adopted its FY2025 budget and added funding during the year for police and public-safety gear…
Latest and next
- Latest
- June 30, 2025: School Zone Camera Fund revenue from automated traffic camera fines
- Next
- No next step has been documented.
Town budget documents and a county audit show how Habersham County's SPLOST VI sales-tax revenue for capital projects has been recorded and spent.
Latest and next
- Latest
- June 30, 2025: Habersham County SPLOST VI expenditures
- Next
- No next step has been documented.
The town holds county sales-tax dollars earmarked for capital projects, but a recent audit found none of the money has been spent yet.
Latest and next
- Latest
- June 30, 2025: Habersham County SPLOST VII expenditures (no spending to date)
- Next
- No next step has been documented.
The town's independent audit report notes that management left out a section state accounting standards call for, a document meant to help residents understand the town's finances.
Latest and next
- Latest
- June 30, 2025: Management's omission of the Management's Discussion and Analysis section required by GASB
- Next
- No next step has been documented.
An audit note shows the town covers property, liability and workers' compensation risk through shared state insurance funds rather than a private insurer.
Latest and next
- Latest
- June 30, 2025: Participation in Georgia Interlocal Risk Management Agency and GMA workers' compensation self-insurance pools
- Next
- No next step has been documented.
Town budget and audit records show the balance and use of county sales-tax capital funds allocated to Tallulah Falls.
Latest and next
- Latest
- June 30, 2025: Rabun County SPLOST '13 expenditures
- Next
- No next step has been documented.
The town's budget documents track how much Rabun County SPLOST 19 sales-tax funding is available for local capital projects.
Latest and next
- Latest
- June 30, 2025: Rabun County SPLOST '19 expenditures
- Next
- No next step has been documented.
A town audit records that Tallulah Falls pays into employees' SIMPLE IRA retirement accounts through Edward Jones, an ongoing cost of town employment.
Latest and next
- Latest
- June 30, 2025: SIMPLE IRA retirement plan contributions to employees via Edward Jones
- Next
- No next step has been documented.
A town auditor reports that one employee still handles all cash receipts start to finish, an internal-control weakness residents rely on to prevent funds from going unaccounted for.
Latest and next
- Latest
- June 30, 2025: Audit finding 2025-1: significant deficiency due to inadequate segregation of duties over cash receipts
- Next
- No next step has been documented.
A city financial report shows nearly all of the $16.4 million budgeted for American Rescue Plan Act capital projects has yet to be spent.
Latest and next
- Latest
- June 30, 2025: American Rescue Plan Act (ARPA) Fund unspent capital outlay budget
- Next
- No next step has been documented.