7.3

Budget & Finance: Ensure That the City of Martinsville Remains a Financially Viable & Sustainable Community

  • Key Outcomes: Maintain strong financial rating
  • Success Indicators: City maintains strong rating through continued conservative fiscal management and low debt loads
  • Supporting Goal: Balanced budget created within revenue constraints
  • Performance Measure: A-plus rating maintained
  • Lead Responsibility: Council and City Manager
  • Priority: Immediate

Activity

  1. FY18 Budget maintains a balanced budget, maintaining our current bond rating. (Linda Conover - July 28, 2017)