Financial Outlook
Financial Outlook Financial Outlook Financial Outlook


This website is designed to keep you informed of our financial recovery.
The city's fund balance has decreased significantly over the last few years.
To stabilize our finances, we must reduce spending and increase revenue immediately. These actions are challenging, but they are necessary to protect essential services, including police, fire, waste management, and utilities.
To accomplish these goals, we are pausing non-essential projects, reducing and/or eliminating service contracts, and implementing organizational changes to ensure our operations align with the financial reality we face.
We know residents, employees, and partners have questions. That’s why we are committed to open communication. Through this site, public meetings, and regular updates, we will share what we know as soon as we know it. We won’t always have every answer immediately, but you will hear directly from us, not through rumors or speculation.
Transparency is not just a promise; it’s the foundation of how we will move forward.
Financial recovery will not happen overnight, but with careful planning and community support, it is possible. The actions we take now are designed not just to close the immediate gap, but to rebuild reserves and put us on a stronger footing for the future.
This moment is challenging, but it is also an opportunity. By confronting these issues directly, we can create a city government that is more accountable, more resilient, and better prepared to serve every resident.
To stay up to date with financial outlook information.
City of Rocky Mount
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