The budget outlines the Town's plan for achieving the goals, objectives, and service delivery levels desired by the Mayor and Board of Commissioners. Specifically, it is a financial plan consisting of an estimate of proposed expenditures, the proposed means of financing, and the goals and objectives of expenditures for the fiscal year (July 1-June 30). Rolesville’s fiscal year goes from July 1 to June 30 of the following year. The Town Manager is responsible for proposing and developing a fiscally responsible budget in the spring of each year, and the Town Board adopts the budget no later than June 30.
The Mayor and Town Board received the Proposed Budget for Fiscal Year 2019-20 on April 16. The public is invited to comment on the budget at a public hearing on Tuesday, May 7 at 7:00pm at Town Hall.
The financial statements are the official document describing the Town's financial position as of the end of the fiscal year, June 30th. The financial statements promote transparency, providing citizens and elected officials with a detailed, independent audit of the Town's accounting. The financial statements provide elected officials, staff, citizens, and financial services firms with useful information about the Town’s operations and financial position. This annual report provides one way of assessing whether elected and appointed officials are faithfully carrying out their role of good stewards of town resources.
|Fiscal Year / Budget Year||Approved Budget||Financial Statements|
|FY20 / July 2019 - June 2020||Approved Budget (8.87 MB)|
|FY 19 / July 2018 – June 2019||Approved Budget (19.82 MB)|
|FY 18 / July 2017 – June 2018||Approved Budget (5.85 MB)||Financial Statements (384.88 KB)|
|FY 17 / July 2016 – June 2017||Approved Budget (12.55 MB)||Financial Statements (473.09 KB)|
|FY 16 / July 2015 – June 2016||Approved Budget (7.32 MB)||Financial Statements (341.58 KB)|
|FY 15 / July 2014 – June 2015||Approved Budget (8.84 MB)||Financial Statements (207 KB)|
|FY 14 / July 2013 – June 2014||Approved Budget (3.95 MB)||Financial Statements (180.11 KB)|
|FY 13 / July 2012 – June 2013||Approved Budget (3.85 MB)||Financial Statements (179.84 KB)|
|FY 12 / July 2011 – June 2012||Approved Budget (2.22 MB)||Financial Statements (4.71 MB)|