September 25, 2025 - 01:57

The State Auditor's Office is taking a closer look at the financial situation in Rocky Mount following alarming revelations about the city's budget. According to State Auditor Dave Boliek, a deputy state auditor visited the city on Wednesday to conduct an investigation into the town's financial practices. This scrutiny comes after a recent review indicated that Rocky Mount has been spending millions of dollars more than it has been earning each month.
The financial discrepancies have raised concerns among residents and officials alike, prompting the state to step in. The investigation aims to uncover the reasons behind the city's ongoing fiscal challenges and to ensure accountability in financial management.
As the audit progresses, city leaders are expected to cooperate fully, hoping to address the issues and restore public trust. The outcomes of this investigation could have significant implications for the city's future financial stability and governance. Residents are keenly awaiting further updates as the situation develops.
July 10, 2026 - 07:38
How World Bank and IMF loans are reshaping policymaking in AfricaAcross the African continent, a quiet but profound shift is taking place in how governments craft economic policy. The World Bank and the International Monetary Fund, long seen as the lenders of...
July 9, 2026 - 18:53
Axos Aims to Expand AI-Powered Financial Services With Arc AcquisitionAxos Financial, through its subsidiary Axos Nevada Holding, has announced plans to acquire Arc Technologies in a move designed to strengthen its artificial intelligence capabilities. The deal aims...
July 9, 2026 - 03:05
Bird Construction Inc. Announces Release Date and Conference Call for 2026 Second Quarter Financial ResultsBird Construction Inc. has confirmed the schedule for its upcoming second quarter financial report. The company will release the results for the period ending June 30, 2026, after the stock market...
July 8, 2026 - 18:05
Willis Lease Finance Corporation Added to Three Russell 2000 IndexesCOCONUT CREEK, Fla. -- Willis Lease Finance Corporation, a major lessor of commercial aircraft engines and a provider of global aviation services, has been added to three additional Russell 2000...