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Georgetown County finance director outlines six‑month budget cycle, grant workload
Summary
New finance director Megan Colegrove described Georgetown County’s six‑month budget process, the intensive ‘March Madness’ line‑by‑line review, management of roughly $97 million in grants, and a recent clean audit as the county moves toward personnel and expenditure decisions for the coming fiscal year.
Megan Colegrove, Georgetown County’s finance director, told the county’s First Friday podcast that the county’s annual budget is effectively a six‑month process that starts in January and typically finishes with a third reading in June. “Budget is almost a six‑month process,” Colegrove said, describing an early review of actuals, departmental requests and a series of meetings that culminate in detailed line‑by‑line scrutiny.
Colegrove said departments budget for 30 primary funds…
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