Mayor Pamela Bobst Highlights Financial Stability and Future Projects in State of the City Address

Rocky-River News

Mayor Pamela Bobst Highlights Financial Stability and Future Projects in State of the City Address
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On April 25, 2024, Mayor Pamela Bobst delivered her annual State of the City address, focusing primarily on the city's financial health and city projects. The address underscored Rocky River's resilience and strategic planning amid economic challenges and opportunities.

Published: May. 20, 2024, 10:09 a.m.ROCKY RIVER, Ohio – On April 25, 2024, Mayor Pamela Bobst delivered her annual State of the City address, focusing primarily on the city’s financial health and city projects. The address underscored Rocky River’s resilience and strategic planning amid economic challenges and opportunities.

Referencing Moody’s, a leading provider of credit ratings and research, Bobst reiterated the positive assessment of Rocky River’s financial position from 2022:- Solid credit profile highlighted by sound economic fundamentals, stable operations, and healthy reserves- Resilient income tax base rebounding from COVID-19 economic challenges

Bobst proudly shared that 2024 marks the 34th consecutive year Rocky River has received the “Certificate of Achievement for Excellence in Financial Reporting” from the Government Finance Officers Association. “The award is the highest form of recognition in governmental accounting,” she said, commending Finance Director Mike Thomas, the Finance Department, other city leaders, and City Council for their roles in this achievement.

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