PETERSBURG, Va. (WRIC) — The Petersburg City Council voted Thursday to request technical assistance from the Governor’s Office.
The assistance could include an assessment of the city’s operations and finances and a path toward making improvements.
“This will help us to take steps forward,” said Interim City Manager Dironna Belton. “It might be assistance with cash flow templates, revenues and expenditures. It’s an array of things that they would do at my request.”
Officials say the city has a deficit in excess of $7 million and owes an additional $2 million to Petersburg Public Schools.
Residents say they are pleased with city council’s decision. They say they’ve been asking the city’s leaders to seek help from the state for awhile.”It is
“It is great day in Petersburg when the city leaders get together and decide to ask for help. It is something our city really needs,” Akin Smith told 8News Reporter Nakell Williams.
The new fiscal year starts July 1st, but officials hope to resolve the budget deficit by August before they close financial books.
Stay with 8News for updates to this developing story.