Annual Operating Budgets
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.