Welcome to Accounts and Budgets
FY 20-21 Proposed Budget
View the Official Standards and Poor's credit rating report for Montgomery County, Tennessee.
This report increases the County's credit rating to "AA+", which distinguishes Montgomery County as one of the most
financially secure investments in Tennessee.
Mission and Programs
The mission of the Department of Accounts and Budgets is to provide budgeting, accounting, transaction, and quality
financial expertise and informati
The purpose of the Financial Management Program is to provide financial planning, analysis and
reporting services to the Mayor, Commission, County Departments, other regulatory and oversight agencies and the
public so they can have access to timely and accurate information to make informed decisions that are in compliance
with applicable laws.
The purpose of the Financial Operations Program is to provide processing and receipt and payment
posting services to vendors, County Departments, and employees so they can be compensated for the goods and services
they provide in a timely and accurate manner.
The Department of Accounts and Budgets is established by the County Fiscal Procedure Law of 1957 (TCA 5-13-101 et
seq.) to set up and maintain a system of fiscal procedures, controls, and accounting in accordance with
generally accepted accounting principles for governments, and to facilitate the preparation and maintenance of the
The fiscal year used by the county for budgeting and accounting begins July 1 and
ends the following June 30.
The department facilitates the budget process, which follows the procedures of the
County Budgeting Law of 1957 (TCA 5-12-101 et
seq.). The process supports the County Commission, Budget Committee, and County Mayor in developing and
approving the annual budget.
The department accounts for all county revenues and expenditures except those
maintained by the Clarksville Montgomery County Consolidated Schools. The county's books are audited annually by the
State Comptroller's Office, Division of County Audit. The county utilizes the State Comptroller's Uniform Chart of
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