Monthly Financial Reports FY 2009-2010
The unaudited monthly financial reports below are prepared by the Finance Department to provide up to date information on the status of the current fiscal year revenues and expenditures.
July 2009 Financial Report
August 2009 Financial Report
September 2009 Financial Report
Annual Operating Budgets
The City of Rock Hill prepares a rolling multi-year budget. "A rolling multi-year budget is a document that details a government's appropriations and revenues for two or more budgetary periods where each budget year's appropriations are adopted in each subsequent year."*
The City of Rock Hill prepares two annual budgets each year, one for the upcoming fiscal year and one for the following fiscal year. The City of Rock Hill's fiscal year runs from July 1 to June 30 of each year. The first fiscal year budget is adopted by City Council for implementation. The second fiscal year budget is approved by City Council as a financial plan. By doing this, the implications of current fiscal decisions can be seen in a subsequent fiscal year. Additionally, it gives policy makers a greater understanding of future resource and allocation needs
Annual Operating Budget FY 2009-2010 
Annual Operating Budget FY 2008-2009
Annual Operating Budget FY 2007-2008
Annual Operating Budget FY 2006-2007
Annual Operating Budget FY 2005-2006
Annual Operating Budget FY 2004-2005
Annual Operating Budget FY 2003-2004
Annual Operating Budget FY 2002-2003
Annual Operating Budget FY 2001-2002
* Guajardo, Salomon A. 2000. An Elected Official's Guide to Multi-Year Budgeting. Pg. 22. Chicago, IL: Government Finance Officers Association.
Comprehensive Annual Financial Report (CAFR)
At the end of each fiscal year, the City of Rock Hill prepares year-end financial statements in accordance with GAAP (Generally Accepted Accounting Principles). These statements are contained in a Comprehensive Annual Financial Report (CAFR). The CAFR summarizes the financial activity of the governmental entity in much the same way as a private sector year-end audit would for a private sector business.
The City of Rock Hill hires an independent Certified Public Accounting firm to audit these statements and render a professional opinion as to the accuracy and integrity of the report.
CAFR Fiscal Year 2007-2008
CAFR Fiscal Year 2006-2007
CAFR Fiscal Year 2005-2006
CAFR Fiscal Year 2004-2005
CAFR Fiscal Year 2003-2004
CAFR Fiscal Year 2002-2003
CAFR Fiscal Year 2001-2002
Capital Improvement Plan (CIP)
A capital improvement [plan] "is a multi-year plan identifying capital projects to be funded during the planning period. The capital [plan] identifies each proposed capital project to be undertaken, the year in which it will be started or acquired, the amount expected to be expended on the project each year, and the proposed method of financing these expenditures."*
The City of Rock Hill prepares a CIP for a ten-fiscal year period. This financial planning tool is adopted by City Council each year about the same time as the Annual Operating Budget. Beginning in Fiscal Year 2006-2007, the CIP is included in the Annual Operating Budget document. Prior to FY 2006-2007, the CIP was published as a separate document. These documents are available below.
CIP FY 2005-2006 through FY 2014-2015
CIP FY 2004-2005 through FY 2013-2014
CIP FY 2003-2004 through FY 2012-2013
The projects listed in the current fiscal year in the CIP are tied to expenditures in the same fiscal year's operating budget. This information is useful to policy makers as they make financial decisions on current and future issues.
* Tigue, Patricia. 1996. Capital Improvement Programming, A Guide for Smaller Governments. Pg.2. Chicago, IL: Government Finance Officers Association.
Vendor Payment/Accounts Payable Report for Prior and Current Fiscal Years