The City of Rocky Mount is fully aware of recent media reports regarding Financial Performance Indicators of Concern (FPIC) issued by the Local Government Commission (LGC). These reports, most recently in June 2025, reference financial challenges dating back to 2022. Unfortunately, delays by city staff in providing financial information to councilmembers meant discussions and remedies did not occur in a timely manner. City Council has since openly discussed these issues in public meetings, approved corrective steps through their signatures on the response documents, and directed the City Manager to implement them.
These corrective actions, as documented in the FPICs were already underway. While these efforts are showing progress, the City recently faced an unexpected short-term cash flow issue—separate from the concerns reported by WRAL. In response, we have taken immediate measures including utility rate adjustments, workforce reductions, delaying capital projects, and suspending certain non-essential services. These issues are the basis for the Town Hall Meetings conducted by the City and Councilmembers this past week to share financial data, explain current challenges, and gather input that is shaping our recovery strategy.
We understand the concern this situation creates for residents, businesses, and employees. Rebuilding trust is our top priority. Working with the LGC and other partners, we are confident Rocky Mount is on the path to financial stability and a stronger future.
November 28, 2022 – FY22 Audit Presentation
https://www.youtube.com/watch?v=1du4AzRvN2o
February 12, 2024 – FY23 Audit Presentation
https://www.youtube.com/watch?v=im3yKmZixoE
May 12, 2025 – FY24 Audit Presentation
City of Rocky Mount
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